Search the Community
Showing results for tags 'billing'.
Found 2 results
-
Does anyone have a software that they love for tracking billable (and non-billable) time?
-
We started up an Open MEP recently and question the best way to collect fee's on it. Before it was a MEP, the fee's had been paid out of plan assets. We had a base fee and then a per participant fee. A total fee was calculated and then taken based on account balance. Not that it is split, we are now not 100% sure if there are certain fee structures that can't be used. Let's say we have the following company fee structure. For simplicity, a $25 per participant fee. 20 people in company A and 80 in company B. - Total fee is then $2,500. However, Company A has 50% of the assets and Company B has 50% of the assets. Now it's created a situation where even though Company B has created $2,000 of the fee's, it only has to pay for 1,250 of it. Does anyone have past experience with this or know if there is some sort of regulation on how we can charge the fee's then for this case? The company would not want to start paying the fee's - they like to have as much paid by the plan as possible.
