The T&M Summary Report pulls the T&M Budget--which includes markup, overhead and profit--from the Proposal, however, the Billed Costs include bill rates, but don't include markup, overhead and profit. When a report is run to compare the Proposed Amount with actual Billed Costs, the resulting balance does not include these markups, which means the report will be short the markup %. The solution is to have the Proposal Amount compared to the Billed Costs, where both include markup, overhead and profit.
by: John C. | over a year ago | Accounts Receivable
Comments
Yes! Please put the billed costs on the T&M Summary report!