• Billing CAPS - This tool is designed to allow you to CAP items based on a Percentage of Retail Value
  

• Basically, what this means is that when you bill an Air Scrubber that is valued at $2000.00 dollars brand new, you are only allowed to bill 75% of the retail value. 
  

• According to this CAP, if applied, you could not bill more than $1500.00 Dollars for that one air scrubber
  

• Let's say your total bill for this one air scrubber is $2500.00 before the CAP is applied.  
  

• CAP applied you would have a CAP Credit of ($1000.00) on the invoice.

The BILLING CAPS is unique to our Programs and we own this process - It uses Exact Calculation methodology

• The Item MUST be qualified for The BILLING CAPS. Follow the instructions
  

• During the Input (Equipment | Materials | Specialty Items) you will have an option to check the box to include item for CAPS. (see dialog image below)
  

• Once you check the box the and press enter the Cap Column on the input page will now say Yes - See Image below this column says No until the items are qualified
  

• After you check the box and press Enter the Items are now ready for CAPS
  

• To Remove CAPS, repeat the steps above but, this time un-check the box for CAP Calculation and Select Yes so it Removes CAPS from all the same ID #'s.

1. Click on to Expand 

Once you have Expanded the Menu - Click on Create Billing CAPs  to open The BILLING CAPS DIALOG - see image below

• Choose the Item to CAP in the drop down - Only Items in the drop down will be the ones you Qualified during the Input or Modification
  

• Enter the Retail Value - This should be what it would COST to Replace ONE item including Tax - You should have support for your declared value
  

• Enter CAP % of Retail - This is the amount that the item is being CAPPED - (ie if it is 75% then enter 75 in the box 
  

• Once all items are complete (Item Selected | Retail Value | Cap Value) Click ENTER - The CAPS are now complete - Open CAPS Summary 

• This is a summary of the items that have been CAPPED by The BILLING CAPS program
  

• To See a Full View of the details - click on Open CAPs Worksheet

• This is the details of the CAPS
  

• Fully Generated by the Program - Automated Process after user click ENTER on THE BILLING CAPS DIALOG
  

• This Details the CAPS - From Start Date to Finish Date
  

• User can also Print CAPs Summary and Worksheet - It may print on several pages due to the width of the worksheet
  

• It is better to Export Bill to Excel® and then the summary and worksheet will be part of the Export.

1. Example a Fan Rents for $25.00 Per Day and the Retail Value is $250.00
   
2. Then you would Enter the Retail Value at $250.00 and the CAP % value at 100%
   

1. To Print the Equipment Value CAPs Summary or Worksheet, click the File button 
   
2. Click Print Bill Pages
   
3. Click Caps Summary or Caps Worksheet to print
   

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