Use these fields and options to create scheduled billings.
| Field | Description |
|---|
| Fixed Amount
|
Enter the amount to be billed for each milestone. For example, if you enter $10,000,
Deltek creates a bill for $10,000 for each row on the schedule.
|
| Bill Every X Months
|
Enter a number to indicate the frequency of billing. For example, enter
1 to create a bill each month or enter
3 to create a bill each quarter.
|
| Invoicing Date
|
Select the date when the fixed amount associated with each row in the schedule should be billed to the
client. The invoicing date refers to the calendar month and not the period month.
|
| Start Date
|
Select or enter a date to determine the beginning of the billing schedule.
Deltek creates each row in the schedule based on the
Invoicing Date selected, the frequency set in the
Bill Every X Months field, and the
Start Date.
For example, if you select
First day of the month as the
Invoicing Date and your frequency is set to bill once per month, and you select
January 1 as the
Start Date, then January 1 will be the first invoice date. If, however you select the same
Invoicing Date and frequency, but you enter
January 5 as the
Start Date, then the first invoicing date will be
February 1.
|
| Number of Billing Cycles
|
Enter the number of billing cycles to include on the schedule.
For example, if the
Invoicing Date is
First of the month, the frequency is set to create a bill each month, the
Start Date is January 1, and you enter
6 as the
Number of Billing Cycles, then
Deltek creates six rows in the Scheduled Billing grid to create a bill on January 1, February 1, March 1, April 1, May 1, and June 1.
|
