Phased Billing

You can bill one phase or all phases of a project on a joint invoice. Each phase of a project is an independent project record. Thus, you can assign different contract types or billing arrangements—hourly, fixed fee, percentage, etc. to it. See Project Hierarchy in for more information.

Joint Phased Percent Complete Invoice

    See Fixed or Progressive Billing.

 Project ID and Phase Description carries from the project phase profile.

 Each phase’s percent of the total project contract amount carries from the project profile.

 Contract (amount) carries from the project phase profile.

 Percent Complete is a decision of the billing manager – accept the % Complete value in the Project profile or enter an updated value in the Billing Review screen.

 This is the Service Amount previously billed and carries from accounts receivable for each project phase. It illustrates how much of the contract have you already billed to date.

 This informs the client of the invoice amount due on Services and Expenses. Amount Due is Contract Amount x  Percent Complete -  Services Billed.

 See Account Summary in Fixed or Progressive Billing.