You can choose to temporarily claim the revenue internally before the customer has approved the progress bill. As a result, a fee is posted.
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. |
Post revenue |
Project manager |
If a progress bill is approved internally, you can post the revenue on the project based on the progress bill. You can do so, to claim the revenue internally before the customer has approved the progress bill. As a result, a fee is posted. |
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. |
Reverse revenue |
Project manager |
You can post a progress bill revenue as a fee to already claim the revenue before the customer has approved the progress bill. If the customer: • Rejects the progress bill, you must reverse the revenue posting. This topic explains how to do so. • Accepts the progress bill, the initial revenue posting is automatically reversed on posting the progress bill. |
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. |
Post revenue |
Project manager |
If a progress bill is approved internally, you can post the revenue on the project based on the progress bill. You can do so, to claim the revenue internally before the customer has approved the progress bill. As a result, a fee is posted. |
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. |
Reverse revenue |
Project manager |
You can post a progress bill revenue as a fee to already claim the revenue before the customer has approved the progress bill. If the customer: • Rejects the progress bill, you must reverse the revenue posting. This topic explains how to do so. • Accepts the progress bill, the initial revenue posting is automatically reversed on posting the progress bill. |
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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