Project Fee Estimate Overview

The Project Fee Estimate feature provides standardized service profiles and cost structures that you can apply when calculating fee estimates for your projects.

Fee estimates are typically created in the Opportunity Info Center. However, there may be situations where you need to use the Fee Estimate tab in Accounting > Project Fee Estimates to open the project and adjust the percent complete and fee earned for each phase of the fee estimate.

Multicurrency

If you use the Multicurrency feature:

• You can specify the currency for the service profile on the General Tab of Configuration > General > Fee Estimate Service Profiles.
• The fee estimate's fee basis, fee bands, and other amount fields display in the project's currency on the Project Fee Estimate form in Accounting and on the Fee Estimate tab in the Opportunity Info Center.
• If you are using the German Scale of Fees feature with Project Fee Estimates, the currency is pre-populated based on the German Scale requirements. You cannot change the system-defined currency.

Multicompany

If you use the Multicompany feature:

• The Company Access tab displays in Configuration > General > Fee Estimate Service Profiles.
• Service profiles are automatically available to all companies in the Vision application. Use the Company Access tab to specify the companies that can access each service profile.