116 E.P. Process without Calculation Revisions

This chapter explains how the E.P. process without calculation revisions and the related programs are different from the process and programs with calculation revisions.

As a result of these differences, the process includes the following tasks:

  1. Set up the expense classes.

  2. Set up the E.P. information.

  3. Generate the E.P. billings.

    At this point, you can choose to run any one of the following programs:

    • Estimated E.P. Generation.

    • Estimated E.P. PSF Generation.

    • E.P. Billing Generation. Along with this, the system can automatically run the Estimated E.P. Generation program based on the same E.P. information.

  4. Review, post, and print the invoices.

For a more complete overview of the E.P. process, see Chapter 100, "Expense Participation Process" in this guide.

Caution:

After you process expense participation without calculation revisions, you cannot process the E.P. information with calculation revisions.