ProfitType
Description
Specifies the method used to determine profit and calculate billing amounts in the Project Accounting module for Microsoft Dynamics GP.
Constant | Description |
|---|---|
Not Applicable | Does not apply. |
Billing Rate | Specify a flat amount for the billing rate. Billing amounts will be calculated using quantities and the billing rate. Applies to Time and Materials projects. |
Markup Percentage | Specify a percentage for the markup. Billing amounts will be calculated using actual cost, plus a percentage markup of actual cost. Applies to Time and Materials projects. |
Profit Fixed | Specify a flat amount. Billing amounts will be calculated using actual cost plus the flat amount for each unit quantity. Applies to Cost Plus and Fixed Price projects. |
Profit Variable | Specify a flat amount for profit. Billing amounts will be calculated using actual cost, plus the profit for each unit quantity. Applies to Cost Plus projects. |
Total Profit | Specify a flat amount. The billing amount will be the flat amount. Applies to Cost Plus projects. |
Percent of Baseline | Specify a percentage. Billing amounts will be calculated using a percentage of the baseline budget amount. Applies to Cost Plus and Fixed Price projects. |
Percent of Actual | Specify a percentage. Billing amounts will be calculated using a percentage of actual cost. Applies to Cost Plus and Fixed Price projects. |
None | Billing amounts are always zero. Applies to Time and Materials, Cost Plus, and Fixed Price projects. |
Price Level | Billing amounts are calculated using price levels for inventoried items included in cost categories. Applies to Time and Materials, Cost Plus, and Fixed Price projects. |