Understanding Direct and Rated Draw Billing Lines
You define a contract billing line for a direct or rated draw to represent a prepayment or advance deposit that your company might require from the customer at the time they sign the contract.
When you define a direct or rated draw billing line, the system supplies the:
Tax explanation, tax or geographical area, job, and accounts receivable company based on the contract master.
Accounts receivable offset based on the customer of the contract.
Revenue account based on the automatic accounting instruction BC06 for direct draw or BC07 for rated draw.
When you first define a direct draw billing line, the system displays this message, which you can ignore:
Warning - Cross-Reference Not Setup