Understanding the Billing Process

This topic discusses:

• System preparation.

• Process overview.

• The contracts/billing interface process.

• Review pending transactions.

• The billing interface process.

• Billing worksheet approval.

• Billing worksheet deletion.

• Bill review.

• The finalization process.

• The projects/contracts interface process.

• Updates in PeopleSoft Contracts.

• Correcting PeopleSoft Grants invoices.

• PeopleSoft Grants billing formats.

• Bill by identifiers.

• Contract Liability accounting.

• PeopleSoft Grants advances (contract prepayments).

• Scheduled billing.

• Billing plan events.

• Over-the-limit processing.

• Letter of credit processing.

• Letter of credit summaries.