While maintaining an asset or servicing a customer request, you can bill a third party customer for the work that they performed. The cost of the work performed is based on the material and resource requirements (bill of material) of the work order, or the cost of the activity associated with the work order.

This section includes the following topics:

• Setting Up Parameters

• Setting Up Item Costs and Prices

• Service Attribute Setup

• Setting Up Billable Material

• Setting Up a Billable Resource

• Setting Up a Billable Activity

Setting Up Item Costs and Prices

The Billing Basis is either Cost Plus or Price List. The Billing Basis affects your item setup procedures. If you want the flexibility of using both billing basis types for an item, you need to set up both costs and prices for that item. An item is an Activity, Material, or Resource.

This section includes the following topics:

• Setting up Costs for the Cost Plus Billing Basis

• Setting up Prices for the Price List Billing Basis