Submitting contract revenue by contract group for approval

  1. Sign in as Project Accountant or Project Administrator.
  2. Select Project Processes > Invoice Processes > Submit Revenue For Approval.
  3. Specify this information:
    Contract Group
    Select a contract custom group. A custom group is a user-defined group of contracts to run invoicing. For example, you can group by contract type.
  4. Click Submit.
    The approval status of the revenue is Submitted For Approval and the status is Created. No changes can be made to the revenue.

    The approver either approves or rejects the revenue. If the revenue is rejected, a comment is required to explain the rejection. The comment is displayed in the body of the email. The rejected revenue has a status of Created and the approval status is Rejected. The revenue can either be deleted or corrected and resubmitted for approval. If one record in the run group for a contract is rejected, all records for the run group for that contract are rejected.

    If the revenue is approved, the approval status is updated to Approved. The records are now ready to journalize.