Invoice Open Billing Screen
- 17 Jul 2024
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Invoice Open Billing Screen
- Updated on 17 Jul 2024
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Clicking on the invoice recommendation for the Fixed Price Open Billing work order displays the Invoice Open Billing screen as depicted below.
The following table summarizes the elements on the Invoice Open Billing screen.
Screen Element | Description |
Original Amount | Specifies the estimated amount representing the total amount to the invoice. |
Revision Amount | If any change orders have been applied to the original work order, this value shows how much the original estimate amount has changed. |
Total Amount | The sum of the Original Amount and the Revision Amount. |
New Button | Clicking the New button displays a menu with two options:
|
Earned Revenue | Earned revenue to date for the opportunity. |
Invoiced | Amount invoiced to date. |
Amount to Invoice | The amount remaining to invoice, including retainage. |
Retainage | Amount of retainage withheld based on invoices submitted to date. Also shows the retainage percentage specified on the work order. |
Remaining Retainage | Displays the amount of retainage that is still to be billed. This amount adjusts if a negative change order has reduced the retainage. When the opportunity is 100% complete, and retainage is the only amount left to bill, this field helps you determine the final invoice amount needed after accounting for any negative change orders. |
Invoice List | List of invoices created for the work order. |
Menu
Menu Option | Description |
Master Schedule of Values | Selecting this from the More drop-down displays the Master Schedule of Values screen which is also available from the footer of the Opportunity screen. |
Opportunity Details | Selecting this from the More drop-down displays the Opportunity screen for the work order associated with the selected invoice recommendation. |
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