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Microsoft Dynamics AX (Archived)

difference between transaction type 'expense' and 'fee'

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HI All

Can anyone tell me the difference between transaction type 'expense' and 'fee' in project management model ?

thank you!

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  • Verified answer
    Chandra Wijaya Setiawan Profile Picture
    1,145 on at

    Expense is a cost incurred during project which you can bill customer for example airplane ticket, meals, etc.

    Fee is a revenue which you want to bill customer let say "Admin fee", registration fee etc.

    Regards,

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