Unit Billings and Cost Rates on Bills and Reports

To bill clients for a unit and have it displayed on the invoice as a unit, enter a billing rate for a project in Billing Terms (in the Projects hub).

The billing rate tells Vantagepoint to include the unit on invoices (for any project that uses the unit table) in the units section of the invoice. To display the unit on the invoice, you must select the appropriate options in the Units section on the Rates tab of Hubs > Projects > Billing Terms.

For Vantagepoint to cost the item to projects and the general ledger as a unit, you must enter a cost per unit rate.

The unit charges that are billed take place when an invoice is posted. Unit charges cannot be corrected in Interactive Billing. If the unit table was incorrect at the time of posting, you must use either Units or Units By Project in Transaction Entry to reverse the posting and then correct the unit table and post the units again.