1. Contract and Service Billing Implementation Guide
  2. Invoicing with Revenue Recognition for One Workfile Transaction

Invoicing with Revenue Recognition for One Workfile Transaction

These three examples illustrate the results of the NTE calculation when invoicing is processed with revenue. These examples are based on a single workfile transaction in the amount of 15,000.00 with no markup and no taxes.

This section discusses:

  • Example 4 - NTE rule of 2 (subject to invoice and revenue).

  • Example 5 - NTE rule of 3 (subject to revenue).

  • Example 6 - NTE rule of 4 (subject to invoicing).