Fee Remaining Columns

The Fee Remaining report contains a standard set of columns. You do not have the option to select columns for this report.

Columns

Column Description
Scheduled Date If your firm has enabled scheduling billing, and the report includes projects with billing terms that include scheduled billings, this column shows the date on which each amount or percent is scheduled to be billed.
Billed This column indicates whether or not a scheduled billing amount or percentage has already been billed.
Percent Complete This column displays the percentage of the total fee that has been billed.
Fee This column displays the total fee amount for the project, phase, or task.
Previous Fee This column displays the total amount of the fee that has been billed.
Fee Remaining This column displays the amount of the fee that remains to be billed. Vision calculates Fee Remaining as follows: Fee - Previous Fee.
Principal This column displays the principal associated with the project, phase, or task.
Client This column displays the name of the client for which you are doing the work.
Compensation This column displays the compensation for the project, phase, or task. This amount is the sum of entries in the Compensation, Consultant Fee, and Reimbursable Allowance fields in the Projects Info Center.
Project Manager This column displays the manager for the project, phase, or task.
Revenue Type This column displays the revenue type used by the Revenue Generation utility for the project.
Total Job-to-Date Billed This column displays the total amount billed to date for the project, phase, or task. This amount includes any historical billing amounts.
Supervisor This column displays the supervisor for the project.
Fee Method The fee method determines how Vision extends fees on the invoice. If billing terms are set up at the project level, Fee Method for phases and tasks contains None.
Fee Job-to-Date Billed This column displays the total fee amount billed to date for the project, phase, or task. This amount includes any historical fee billings.
Fee Basis The fee basis determines how Vision calculates the fee:
  • Lump sum — Fee is based on a lump sum amount. That amount is the contract fee.

  • Percent of construction — Fee is based on a percentage of construction costs. You provide Vision with the estimated construction cost and the percentage of that cost that you will bill. The contract fee is a percentage of the estimated total construction cost.

  • Unit based — Fee is based on a unit price. Vision calculates the total fee by multiplying a unit price amount by the number of units to bill. You provide Vision Billing with the unit label (square feet, for example), the price per unit, and the quantity of units to bill.

If billing terms are set up at the project level, Fee Method for phases and tasks contains None.