Item Invoicing Specifications

The following are the item invoicing specification attributes and their possible values. You set these attributes when defining or updating items.

Attribute Name	Description
Accounting Rule	Enter an accounting rule to identify special revenue recognition rules for an item, such as recognizing revenue over time. This attribute is for reference information only.
Invoice Enabled	Indicate whether to activate an item. If Invoiceable Item is enabled, you can temporarily exclude the item from invoicing by leaving the Invoice Enabled cleared. This attribute is optionally set by the Item Status code.
Invoiced	Indicate whether to include an item on an invoice. If you turn this option on, you can temporarily exclude from invoicing when Invoice Enabled is turned off. This option must be selected if Invoice Enabled is selected.
Invoicing Rule	Enter an invoicing rule to determine the period in which you send an invoice when you recognize revenue over time.
Output Tax Classification Code	Enter a tax code to use when calculating tax based on location and tax codes.
Payment Terms	Enter a valid payment terms code. This attribute is for reference information only.
Sales Account	Enter the general ledger account used to record revenue when you bill the customer. If AutoAccounting is based on items, accounting entries are created at that time.