Understanding the Location Billing Process

After you set up location billing and enter location information for equipment, you can create a location billing. The system automatically creates journal entries to distribute revenues and expenses to the appropriate accounts. The system creates billing journal entries based on the location billing setup and the location information for the equipment that is dated from the last bill date through the bill to date that you specify for the billing. This diagram illustrates the process flow:

Note: You do not have to relocate equipment to bill by location. You can create as many billings as you want for a piece of equipment based on the initial location that you enter on the equipment master.

After you create location billings, you must process the billing information to update the general ledger and equipment balances.