Specifies how a contractor is to compute project costs and charge customers for such costs in the Project Accounting module within Microsoft Dynamics GP. It also is a way to determine how much revenues can be generated in a project.
Constant |
Description |
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Time And Materials |
Time and Materials will use direct labor hours, cost of materials and overhead cost in computing project amount |
Cost Plus |
Cost Plus will use allowable costs incurred plus a fee for the contractor's services in computing project cost. |
Fixed Price |
Fixed Price will use a single price for the total amount of work to be performed in a project. |