Cost plus and fixed cost project

Project Experts,
I have business requirements to create two projects first with fixed price and second with cost plus. Has any one did this and would like to share there expertise would be great.
Here are details.
For cost plus the business need is to create a project with transactions that applied a markup over the cost percentage. Any one did this do you know how you applied mark up over the cost %
For Fixed cost create a project with transactions that will create an automatic (additional line) with flat fees?
Many thanks in advanced for your time
Aijaz

Hi
I'm not sure I understood the exact requirements.
Anyhow, you could bill and generate revenue for a project based on the project expenditures. Setup the distribution method as WORK. You need to setup the bill rates for labor and bill rates for non labor resources. If you setup the bill rate for non-labor as 5%, the system will apply an additional amount of 5% to the costs of project non-labor expenditures. You could also use the burden schedule to apply a percentage of markup on labor and non labor expenditures. In any of those alternative you invoice will include lines which summarize the RDLs. The amount of each RDL us the calulated billing amount which include the raw cost with the additional markup.
Your additional alternative for billing and revenue is using events, which could be automatic or manually entered. Automatic events are calculated and generated based on the custom logic you might develop using billing extension. You could use that method to generate a fix amount event for the project invoice / revenue. Each event will be included as additional line in the invoice. Note, if you invoice should include the amount of expenditures and additional event based events, the distribution rule should be WORK. If you only need to bill the events, without the RDL's of expenditure items, setup the project for revenue and invoice method as Event.
Dina

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