Update Prior Fee Billings in Billing Terms
You can update prior fee billings manually in a project's billing terms.
Prerequisite: You must set the Override Prior Fee option to Yes on the Fee form in . This allows you to manually enter prior fee billings, rather than having Vantagepoint calculate them based on actual postings.
To modify the prior fee billing amount in a project's billing terms:
- In the Navigation pane, select .
- On the Billing Terms form, select a project.
- Click the Fees tab and enter fee terms, if they are not already established for the project.
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On the Fees tab, enter the prior fee billing amount in one of the following ways:
- If the project does not have billing phases, enter the amount in the Prior Fee Billing field in the Fees grid.
- If the project has billing phases, go to the Fee Billing Phases grid, and enter the appropriate amount in the Billed-to-date field for each phase.
Parent Topic: How to...