Progressus Software

Next-Generation Professional Services Automation
Architected for the Microsoft Cloud

Ability to enter billing rates (prices) that have more than 2 decimals

Customers frequently have a combination of rates that they want to accumulate into one billing rate (ie they have direct rate plus OH rate plus Fringe rate). They may want to roll these rates up to one line on the invoice as a billing value. However the combination of those rates is very precise and often requires a rate that extends 3-4 fields to the right of the decimal to accommodate the full percentage

 

Currently there are only 2 decimals available for prices on the labor and expenses. These rates should round to dollars (2 decimals) when multiplied by the quantity.

The additional decimals should be visible in invoice suggestions and sales invoice to properly accommodate the rate throughout the system 

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  • Jun 26 2019
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  • Eric Young commented
    September 01, 2020 17:49

    This would also be helpful when thinking about Mileage. Many times, the IRS mileage rate is set at half a cent, i.e., $0.475.