| Calculate price for Labor on transaction line |
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Problem:
Need to Calculate Retainage Fee based on Retainage % and Sales Order subTotal
Solution:
Calculate a price for “Labor” on transactions line items. Multiplies the Time of Labor on the item record by the Hourly Rate on the form by the Quantity on the item-line level. The result is shown when the User enters the “Labor” service item on a transaction. This will not include checks to ensure that the User has entered the correct “Labor” item. User will need to be able to change the Hourly Rate on any form and have the Labor recalculate.
Forms: Opportunity, Estimate, Sales Order, and Invoice
Time of Labor – on the item record, this field contains the number of hours of Labor associated with this item. This Item Field will be in increments of 0.25 hours.
Hourly Rate – on the Opportunity, Estimate, Sales Order, and Invoice. This Transaction Body Field contains the rate of labor in dollars.
Include Labor – a checkbox on the Opportunity, Estimate, Sales Order and Invoice. This Transaction Column Field if checked will include the item in the Labor calculation.
Contributor: NetSuite Professional Services
Contributor Overview: Founded in 1998, NetSuite, Inc. is the leading provider of integrated business application software for small and midsize businesses. With thousands of customers using NetSuite's online products and professional services, companies are enabled to manage all key business operations—in a single hosted system, including: customer relationship management (CRM); order fulfillment; inventory; finance and product assembly; ecommerce; Web site management; and employee productivity.
Website: http://www.netsuite.com
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