Billing Charge-Based Projects
Charges with the stage Ready for Billing can be included on a sales order entered for a project. When you create a project sales order, those charges are on the Items subtab grouped by service or expense item. The rates on these line items come from the charge record. Billing charge-based sales orders follows the standard invoicing process.
When using charge-based billing for a project, you must create at least one expense-based rule if you intend to include expenses automatically when charges are generated. If you create fixed fee or time-based rules and do not create any expense-based rules, any expenses entered and marked as billable will not appear in your customer invoices without manually creating charges for those expenses.
For optimal performance, keep mainly projects shorter than one year, with less than 1000 tasks. Use sub-projects when possible.
Billed charges are reflected in the Charges Summary fields on the project record.
When creating a project record, on the Preferences subtab, NetSuite advises you to enable the Create Planned Time Entries preference. This preference populates the Estimated Work field. Estimated work is used to calculate estimated labor revenue. Estimated labor revenue is used to calculate remaining charges for your project. If you do not enable this preference, your Charges Summary may report inaccurate totals for remaining charges.