Where Default Billing Terms are Used

Default billing terms are used in many areas of DPS.

Application or Feature	Description
Interactive Billing	Default billing terms are not used. You cannot view invoices for projects without defining terms for individual projects. If you select a project that does not have billing terms defined, you can view labor, expense, and unit transaction cost amounts. However, DPS disables all preview and print invoice command options.
Batch Billing	Select the Use default terms for draft invoices option on the Main tab of Batch Billing to use default terms when a project does not have billing terms defined. If this option is not selected, DPS does not print invoices for projects that do not have billing terms defined. Final invoices do not use default terms for projects without defined billing terms.
Unbilled Detail and Aging Report	To generate this report using reporting default terms, choose Unbilled Detail and Aging under the Billing Report type on the Reports form in Reporting. Click the Options tab and select Use Reporting Default Terms.
Revenue Generation	To calculate revenue for projects that do not have billing terms defined (including fee only jobs), select the Use reporting rates for billing rate based calculations option in Accounting > Revenue Generation . Selecting this option tells DPS to use the project reporting default terms when generating revenue for regular projects. If this option is not selected, DPS does not calculate revenue based on unbilled transactions for projects that do not have defined billing terms.
Project Reporting at Billing Rates and Refresh Billing Extensions Utility	Reporting default terms are used by default when you generate reports at billing rates, or when you refresh project billing extensions for projects that do not have billing terms defined. These terms can also be used to calculate billing rates for fee only jobs. Select the Rates for Reporting (Not Invoicing) option on the Rates tab of the Default Billing Terms/Billing Terms form to run project reports at billing rates. This determines how much to charge for your fee-based job, and the labor, expenses, consultant, or unit charges will not display on the invoice.