What
To help keep all the associated fees and costs visible on a Project, we have made it simple to create Fees directly onto a Project. Existing Fees linked to the Client can also be added.
Where
How
Click onto the Fees tab. Any existing Fees will be listed:
Adding New Fees
A new Fee can be added directly to the Project.
From the Fees tab, click on +New Fee:
The General section will confirm the records that are already linked to the Fee:
The Fee section contains mandatory fields that need to be completed:
At the bottom, select the Invoice Address:
To complete the creation of the record, click on Save or Save & Close:
NOTE 1: Fees can have an Approval process configured in your system. This is beneficial if you wish for a member of your finance team to check the Fee and confirm when it has been issued. Please speak to your CSM for further information.
NOTE 2: When a Fees status is updated to Issued, this creates a Financial Transaction. This can be exported out of Mercury and into your payroll system.
Adding Existing Fees
To add an existing Fee the existing Fee must be linked to the same Client associated with the Project.
Click on Add Existing Fee:
Click on the magnifying glass icon to see a list of all Fees linked to the Client that owns the Project. Multiple Fees can be added; simply click on the Fees you wish to add.
Alternatively to pick a specific Fee, type the Fee ID number or the Fee Name, to find the record.
Financials
Although none of the Financial fields on the General page of the Project are directly updated from the Fees, when the Fees have a status of Issued, this automatically creates the Financial Transactions. Please see the Financial Transactions on Projects or Project Finances articles.