Methods for Calculating Billing Amounts

You can use Billing to calculate billing amounts using different methods. For example, you can use Upset Limits to set "not-to-exceed" amounts for labor or expenses.

You can apply these methods in the following ways:

• At the project level for a project with or without phases or tasks

• At the phase level for a project with or without tasks

• At the task level

• To a group of projects related through billing groups

Method	Description	Tab on Billing Terms Form
Fee Billing	Use this method to establish how the fee is to be calculated, whether the fee is based on percent complete billing or a fixed fee, and whether you are billing by billing phase or as a lump sum.	Fees tab
Labor Billing	Use this method to establish how your employee's labor is billed, both how it is calculated and how it is formatted. For example, you can bill at cost, times a multiplier, or by using a labor rate table.	Labor tab
Consultant Billing	Use this method to bill reimbursable consultants, with or without markups, either by account, vendor, user-defined categories, or combined with other reimbursable expenses.	Exp/Con/Unit tab
Expense Billing	Use this method to bill other reimbursable expenses, with or without markups, either by account, vendor, or user-defined categories.	Exp/Con/Unit tab
Unit Expense Billing	Use this method to bill unit expenses, with or without a markup, or at a billing rate.	Exp/Con/Unit tab
Add-On Fee Billing	Use this method to apply a markup on any combination of fees, labor, consultant, reimbursable, unit, or add-on fee amounts.	Add-Ons tab
Retainage Billing	Use this method to hold a portion of the invoice for billing at a later date.	Misc tab
Invoice Override Accounts	Use this method to override the revenue accounts specified in Billing Setup.	Misc tab
Upset Limits	Use this method to set not-to-exceed amounts on labor, consultant, reimbursable, units, and/or add-on fee amounts, either individually or in aggregate.	Misc tab
Interest Billing	Use this method to apply interest on overdue amounts, using a specified rate and number of days.	Misc tab
Tax Billing	Use this method to apply up to three predefined sales taxes (from an unlimited list) to the invoice total.	Misc tab
Scheduled Billing	Use this method to establish milestone dates that, when reached, trigger the automatic generation of an invoice.	Fees tab