Reporting Default Billing Terms Setup

Use Reporting Default Billings Terms to define billing terms to use when you generate project reports at billing rates (as opposed to cost rates). You can enter different default billing terms for your regular and overhead projects.

When you define reporting default billing terms, you cannot specify address information or task billing terms. These billing terms are only allowed on a project-by-project basis. Otherwise, the information that you enter on the Reporting Default Billing Terms form is the same information that you enter on the Billing Terms form in the Billing application.

When you enter default reporting billing terms for regular projects, Deltek displays the project number as <R> and the project name as Regular Projects. These values cannot be modified.

When you run Revenue Generation for projects with any method that contains WIP @ Billing calculations, you should select the Revenue Generation option, Use project reporting default terms for WIP @ Billing calculations. Deltek uses the default reporting billing terms defined for regular projects (<R> terms) if a project does not have its own billing terms defined. See the Revenue Generation online help for more information.

If you have multiple companies, you must set up default billing terms for each company.