Create Administrative Methods

To create or change an administrative method

  1. Select Define Matrix from the Finance menu.

    The Define Matrix: Cost Plus Codes page appears.

  2. Select the Admin tab.

    The Define Matrix: Administrative Methods page appears.

  3. Click New.

    The Administrative Methods Details page appears.

  4. Complete the following fields:
    Administrative Method Code

    Defines the unique ID for the administrative method.

    Limits: 8 characters

    Description

    Defines the description for the administrative method.

    Limits: 40 characters

    Active

    Indicates if the administrative method is enabled.

    Percent

    Defines the percent to apply against the total billing amount to arrive at the administrative amount.

    From Date

    Defines the start date.

    To Date

    Defines the end date.

    Notes

    Defines notes about the administrative method.

  5. Click Submit.