Choosing Between Contract Billing and Service Billing

Service Billing is typically used for short-term agreements and high-volume, small jobs. Service Billing provides:

• Generation of invoices for time and material (T and M) costs.

• Generation of invoices for Service Management transactions.

Contract Billing uses many of the same processes and tables that Service Billing uses, but provides additional features through processes and tables that are not available in Service Billing.

Contract Billing is typically used for long-term agreements and long projects, and provides:

• Generation of invoices for non-T and M costs.

• Billing of recurring fixed amounts.

• Billing limits.

• Minimum billing amounts.