You can use progress billing as an alternative way to invoice a project. In progress billing, you invoice the amount of work completed so far.
1. | Go to Project management and accounting > Journals > Progress bill > Project. |
2. | Click New. |
3. | In the Progress bill journal name field, enter or select a value. |
4. | In the Project ID field, enter or select a value. |
5. | In the Invoice date field, enter a date. |
6. | Click OK. |
7. | Fill in the From date and To date to define the period to which the progress bill applies. |
  | In the From date field, enter a date. |
8. | In the To date field, enter a date. |
9. | In the list, find and select the desired record. |
10. | Enter the progress that's made during the defined period. |
  | In the Progress % field, enter a number. |
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Note: You can report progress by filling any of these fields: |
11. | Mark completed lines as completed in the progress bill. To do so, select the Completed check box. As a result, if the line type is: - Standard or Summary, the Progress amount is automatically calculated (Bid value - Claimed amount) and filled in. - Detail, the Progress quantity is automatically calculated (Forecast quantity - LTD quantity) and filled in. Note: You cannot edit completed lines. However, if required, you can clear the Completed check box and make changes. |
  | Select the Complete check box. |
12. | Close the page. |
13. | Close the page. |
14. | Go to Default dashboard. |
Related to | Notes |
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Use progress billing without temporary revenue claim |
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Use progress billing with temporary revenue claim |
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