Defining Billing Events for Progress Billing

Access the Progress Billing Line Revisions form.

Event Name

Enter the name, number, or other identifier of the event for the milestone/progress billing percentage.

% Sched (percent - schedule of values)

Enter a value indicating the percent complete of the contract billing line in relation to the schedule of values.

The final billing event must be 100% to bill the entire schedule of values amount for the billing line.