A bill rate rule for a pay agreement must define one or more margin/markup types. The margin/markup type determines the method used to define the bill rate which the bill rate rule represents.
If multiple margin/markup types are to apply to a bill rate rule, conditional variable conditions must be defined against each margin/markup to define the specific conditions under which each margin or markup applies.
The following margin/markups are available: margin percent
markup dollar
markup percent flat
other rate dollar margin markup factor calculation
bill rate formula.
Each of these is described below.

Margin Percentage

Under this margin/markup type, the bill rate is defined as a percentage of the sum of the pay and bill oncost amounts.
For example, a rate value of 12 indicates that a 12% profit margin applies to the bill rate. Therefore, if the pay amount is $350.00 and the bill oncost is $15.00, the client is billed (350+15)/(1 - 0.12) = $414.77
Note that the rate value must be less than 100.

Markup Dollar

Under this margin/markup type, the bill rate is defined as a monetary markup value that is added to sum of the pay and bill oncost amounts.
For example, a rate value of 120 indicates that $120.00 dollars will be added to the total of the pay and bill oncost amounts. Therefore, if the pay amount is $350.00 and the bill oncost is $15.00, the client is billed (350+15) + 120 = $485.00.

Markup Percent

Under this margin/markup type, the bill rate is defined as a markup percentage that is added to the sum of the pay amount and the bill oncost amount.
For example, a rate value of 120 indicates that 120% is added to the total of the pay and bill oncost amounts. Therefore, if the pay amount is
$350.00 and the bill oncost is $15.00, the client is billed ((350+15) x (1.2))+(350+15) = $803.00.

Flat

Under this margin/markup type, the bill rate is defined as a fixed monetary amount. For example, a rate value of 1200 indicates that the client is billed $1200.00.

Use Other Rate Dollar Margin

Under this margin/markup type, the bill rate is defined by that of another pay code. When using this rate type, it is important to ensure that a bill rate rule is defined for the pay code that is being referenced.
Note that this margin/markup type is unavailable for manual billing agreements.

Markup Factor

Under this margin/markup type, the bill rate is defined by multiplying the sum of the pay and bill oncost amounts by a markup factor.
For example, a markup factor of 2 indicates that the bill rate is calculated by multiplying the pay amount by a factor of two. Therefore, if the pay amount is $350.00 and the bill oncost is $15.00, the client is billed (350+15) x 2 = $730.00.

Calculation

Under this margin/markup type, the bill rate is defined by taking the existing bill rate of another pay code and applying a calculation to it to define a new bill rate. The new bill rate is calculated by performing one of the following actions:
adding a value to the existing rate subtracting a value from the existing rate multiplying the existing rate by a value dividing the existing rate by a value
applying a value as a percentage of the existing rate.
When using this margin/markup type, it is important to ensure that a bill rate rule is defined for the pay code that is being referenced. Note that this margin/markup type can only be used with bill rate rules where the pay code condition is one of Pay Code Only.

Bill Rate Formula

Under this type of margin/markup the bill rate is defined by a custom formula that is configured in Agency Portal > Rates and Rules > Maintenance > Custom Bill Formula Maintenance.