You can choose to only recognize the revenue on the final posting of the progress bill after the customer has approved.
Name | Responsible | Description |
---|---|---|
Create progress bill |
Project manager |
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. |
Print progress bill |
Project manager |
You can print the progress bill to support the internal approval and customer approval. The progress bill report has:
If you have used summary and detail lines in the work breakdown structure of your project, only the summary lines are printed. |
Approve progress bill - Internal - No workflow |
Project controller |
The project controller (or someone else) verifies the progress bill proposal before it is sent to the customer and informs you about the result: approved or rejected. |
Print progress bill |
Project manager |
You can print the progress bill to support the internal approval and customer approval. The progress bill report has:
If you have used summary and detail lines in the work breakdown structure of your project, only the summary lines are printed. |
Approve progress bill - Customer |
Customer |
The customer verifies the progress bill proposal and informs you about the result: approved or rejected. |
Post and close progress bill |
Project manager |
If a progress bill is approved by the customer, you can post and close the progress bill. As a result, an invoice journal is created for the project. For each invoiced sub-project, a separate on-account line is added to the invoice journal. |
Name | Responsible | Description |
---|---|---|
Create progress bill |
Project manager |
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. |
Print progress bill |
Project manager |
You can print the progress bill to support the internal approval and customer approval. The progress bill report has:
If you have used summary and detail lines in the work breakdown structure of your project, only the summary lines are printed. |
Approve progress bill - Internal - No workflow |
Project controller |
The project controller (or someone else) verifies the progress bill proposal before it is sent to the customer and informs you about the result: approved or rejected. |
Print progress bill |
Project manager |
You can print the progress bill to support the internal approval and customer approval. The progress bill report has:
If you have used summary and detail lines in the work breakdown structure of your project, only the summary lines are printed. |
Approve progress bill - Customer |
Customer |
The customer verifies the progress bill proposal and informs you about the result: approved or rejected. |
Post and close progress bill |
Project manager |
If a progress bill is approved by the customer, you can post and close the progress bill. As a result, an invoice journal is created for the project. For each invoiced sub-project, a separate on-account line is added to the invoice journal. |
Related to | Notes |
---|---|
Use progress billing |
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