Labor Multipliers

You can apply zero to three multipliers to an employee's labor billing rate.

Enter these values in the three Multipliers fields on the Labor tab of the Billing Terms form. This is how multipliers are applied:

Multiplier Purpose
1 The multiplier does not display on the invoice, but is included in the employee’s rate on the invoice and is used to compute the hourly rate for the extension.
2 The multiplier is applied to the extension plus Multiplier 1 (cumulative).
3 The multiplier is applied to the extension plus Multiplier 2 (cumulative).

Depending on the method and the rate being used (whether the rate is the employee’s job cost rate, from a rate table, or from an override table), Vantagepoint applies the multipliers in different ways.

Multiplier Method Source of Rate How the Multiplier Works
Rate times multiplier Labor override table If the employee's Rate Type is Cost or Max cost rate, no multipliers are applied to billing rate overrides. If a cost maximum is indicated in the override table, the multipliers are applied to the lesser of the employee's job cost rate or the cost maximum.
Employees hub (job cost rate) Vantagepoint applies multipliers to all job cost rates in the Employees hub.
Rate table Labor override table Vantagepoint applies multipliers to the rate specified in the Rate column in the override table. The Rate Type is ignored.
Labor rate table Vantagepoint applies multipliers to all rates from the labor rate table.
By category Labor override table Vantagepoint applies multipliers to the rate specified in the Rate column in the override table. The Rate Type is ignored.
Labor category table Vantagepoint applies multipliers to all rates from the labor category table.
By labor code Labor override table Vantagepoint applies multipliers to the rate specified in the Rate column in the override table. The Rate Type is ignored.
Labor code table Vantagepoint applies multipliers to all rates from the labor code table.