Understanding the Contracts Billing Process

This section discusses:

  • PeopleSoft Contracts integration with PeopleSoft Billing and PeopleSoft Project Costing.

  • The Contracts Billing Interface process.

  • Streamlined billing.

  • Direct invoicing and pre-approved activity.

  • The Project Progress process.

  • Tax parameters.

  • Invoices.

  • Discounts, surcharges, and retainages.

  • Fixed-amount recycled billing.

  • Prepaid amounts.

  • Interunit billing.

Note:

For contracts with a classification of Government, you can find additional billing process information in the Contracts for Government Contracting documentation.