Where Default Billing Terms are Used

Default billing terms are used in many areas of Vision.

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, Vision disables all preview and print invoice command options.
Batch Billing	Select the Use default terms for draft invoices option on the Batch Billing tab of Batch Billing to use default terms when a project does not have billing terms defined. If this option is not selected, Vision 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	Select the Use Reporting Default Terms option on the Unbilled Detail and Aging Options tab of Reporting > Billing to use Reporting Default Terms.
Revenue Generation (for calculating WIP @ Billing)	The Use project reporting default terms for revenue method ’ W’ option allows you calculate revenue for projects that do not have billing terms defined (including fee only jobs). Selecting this option tells Vision to use the project default terms when generating revenue for regular projects. If this option is not selected, Vision does not calculate revenue for projects without defined billing terms.
Project Reporting at Billing Rates and Refresh Project 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 fees for fee only jobs. Select the Use for Project Reporting and Revenue Generation, but not for Invoices option on the Labor, and/or Exp/Con/Unit tab, you can run project reports at billing rates to determine how much to charge for your fee-based job, and the labor, expenses, or unit charges will not display on the invoice.