Billing and Multiple Companies

When you track multiple companies in Deltek, you select settings for the Billing application on a company-by-company basis. For example, you establish default billing terms at the company level.

Invoice Processing

During invoice processing, Deltek includes for billing all projects owned by the active company. This is true even if the active company does not own all of the phases or tasks below these projects in the work breakdown structure.

Intercompany Billing

You can also generate invoices, payments, and receipts to support arm's length intercompany transactions and simultaneously generate a document trail for them.

Related Topics:

  • Billing for One Project with Multiple Owning Companies
    During invoice processing, Deltek includes for billing all projects owned by the active company. This is true even if the active company does not own all of the phases or tasks below these projects in the work breakdown structure (WBS).
  • Billing Groups and Multiple Companies
    You create billing groups so that you can bill several projects together on one invoice. This feature is useful if you have multiple projects for the same client and the client wants to receive one invoice for all of the projects.
  • Batch Billing and Multiple Companies
    When you perform batch billing in a multiple company environment, you must establish billing terms and default billing terms for each company.
  • Refresh Billing Extensions in a Multiple Company Environment
    Deltek determines billing and cost rates for project reporting at the time of posting. When you post a transaction, Deltek looks at the applicable billing terms to determine billing rates for project reporting purposes.
  • Intercompany Billing
    When multiple companies share labor or expense resources on the same project, use the automated Intercompany Billing process to account for this sharing. The Intercompany Billing process lets each company match costs with revenue and assess profitability.
Parent Topic: Multiple Companies