Setting up prerequisite project contracts

  1. Select Contracts.
  2. On the Contracts tab, open a contract.
    Billing Method
    On some contracts, Payables invoices must be paid so that they are included when project invoices are generated. This type of contract must be set up with a transaction-based billing method, not milestone or installment billing.
    Exclude Unpaid AP
    Payables invoices that are not paid are excluded on the contract when this check box is selected. A field on the GLTransactionDetail business class shows whether a transaction is eligible for billing. The status is used in Payables processes.

    If a project is created on a distribution and this field is selected, then the transaction is on hold for billing. When the hold is released, the invoice can be included in project invoicing after the payables invoice is paid. Contracts without these requirements are processed as usual.

  3. Click Save.