Creating bill in advance invoice lines

  1. Sign in as Project Accountant, Project Administrator, or Project Manager.
  2. Select Project Contracts.
  3. Select the Contracts tab and open a contract.
  4. Select the Invoices tab.
  5. Select an invoice group or project funding line to show the associated invoice lines in the detail section.
  6. Select Actions > Create Advance Billing.
  7. Specify this information:
    Amount
    Specify the amount to bill in advance for the funding source invoice.
    Description
    Specify a description for the bill in advance. The default description is Advance Billing.
    Project
    Select a posting project for the contract bill-in-advance.
    Advance Billing Finance Structure
    The advance billing finance structure from the project funding source is the default value. You can override the structure.
    Taxable
    Select this check box if the bill-in-advance is taxable. The tax location or tax code from the project funding source is used.
    Units
    Specify the bill-in-advance units.
    Hold
    Select this check box to place the bill-in-advance credit on hold.
  8. Click Submit.

    The advance billing line is added to the next invoice as a credit.