Configuring Unit Billing
If your project uses the Unit Price Billing project setting, you can enter your Payment Application line using units and quantities instead of monetary value amounts.
See Choose Project Settings.
Note: Some specialised Payment Application formats require Unit Price Billing.
To bill by units on the Progress tab:
- Navigate to your Billing Workflow
- From the Tasks tray in the header, choose the Enter Billing link with the correct period number.The link name will change depending on your workflow step.
- From the Project Home Page or Tasks page, choose the Enter Billing link with the correct draw number. The link name will change depending on your workflow step.
If the period has previously been rejected, the link will read Re-enter Payment Application.
- Select the Progress tab.
- From the Table View drop-down menu, select Unit.
The following additional fields display to reflect unit price billing:
- Unit of Measure
- Unit Price
- Scheduled Qty
- Previous Qty
- Qty This Period
- Materials Qty This Period
- Qty Completed to Date
- Enter billing amounts:
- Choose a line to bill against.
- In the Qty This Period column, enter a quantity.
- Amounts in the % Complete, Work Period, and Qty Completed To Date columns automatically update once the amount billed is entered.
- Retention This Period automatically calculates based on the contract's default percentage.
- Select the Save & Continue button to progress to the next tab in your billing workflow.
Last Published Wednesday, July 10, 2024