Assigning a Fee to a Contract

After you create a fee code, use Fee Code Assignment (BR15.2) to assign the code to a contract. When you assign a fee code to a contract, you also set up fee ceilings and tolerances, and fee billing and/or fee revenue recognition parameters.

To assign a fee to a contract

Access Fee Code Assignment (BR15.2).
On the header, select the contract to which you want to assign the fee code.
Use the following guidelines to enter field values:

Fee Ceiling

Type the fee ceiling amount for the contract. The fee ceiling is always a monetary amount, even if the Basis is units.

If no fee ceiling is entered, the ceiling is considered unlimited.

Fee Tolerance

Type the fee tolerance amount for the contract. Tolerance applies only to fee revenue, not fee billing.

If no tolerance is entered, the tolerance is considered zero.
From the Assignment tab, select the Billing tab to set up fee billing, or the Revenue tab to set up fee revenue recognition.
Use the following guidelines to enter field values:

Fee Code

Select the fee code you want to assign to the contract.

Basis

Select either units or amounts as the basis for the fee calculation.

Rate

Type the rate to use for fee calculation. Use Rate only if Basis is set to Amounts.

Amount

Type the amount to use for fee calculation. Use Amount only if Basis is set to Units. The amount should be entered in contract currency.