Page 29 - Unanet GovCon: Setting Up Contracts and Projects

Pay Codes

Project Default Pay Code is CODE.

Setting Up Projects to Support the Triple Constraints

Billing Type is an optional setting assigned at the Project level on the Accounting tab for
all projects. Tasks can also be assigned billing types once the project-level billing type
has been selected. If no project billing type has been selected, no billing type can be
assigned to tasks on that project. Task-level billing types can differ from the Project-
level billing type, and tasks on the same project can have different billing types from
each other. This field is available as selection criteria on several Project Accounting
reports, ad-hoc reports, and export templates. Once charges have been posted to a
project or task, the billing type cannot be changed.

Billing Types for Projects and Tasks

Unanet offers four different billing types:

• Time and Materials (TM): Labor values for revenue and cost are determined by
multiplying hours by an applicable rate, while expense values for revenue and
cost are determined by the direct cost of the expense multiplied by a fixed
markup percentage

• Fixed Price (FP): Calculates revenue for a task or project based on the billing
schedule configured for the project

• Cost Plus (CP): Calculates revenue and costs associated with a project based
on the direct cost plus any set of indirect costs mapped in the cost structures plus
any fee calculations configured on the project’s Accounting tab

• Non-billable (NB): Projects that capture time and expenses that will not be billed
to a customer or another department

LESSON 2: CONFIGURING PROJECTS AND TASKS
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