Enter the total fee paid ($) and the total invoice amount ($) into the Calculator. The calculator will evaluate the Invoicing Factor. 

Invoicing Factor Formula

IF = F / IA * 100

Variables:

  • IF is the Invoicing Factor (%)
  • F is the total fee paid ($)
  • IA is the total invoice amount ($)

To calculate Invoicing Factor, divide the total fee paid by the total invoice amount, then multiply by 100.

How to Calculate Invoicing Factor?

The following steps outline how to calculate the Invoicing Factor.

  1. First, determine the total fee paid ($). 
  2. Next, determine the total invoice amount ($). 
  3. Next, gather the formula from above = IF = F / IA * 100.
  4. Finally, calculate the Invoicing Factor.
  5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

total fee paid ($) = 300

total invoice amount ($) = 10000