| Using unit rate invoicingThe unit rate invoice is
based on the sales price of an element or an activity. The amount to be
invoiced equals the sales price multiplied by the physical progress quantity. To use unit rate invoicing: - Assign the elements or activities to revenue codes in the Assign Elements and Activities to Revenue Codes (tppin0820m000) session.
- Select the relevant Contract Type and specify Unit Rate in the Invoice Type field, in the Contract Lines (tpctm1110m000) session.
- Define the relevant elements or activities for the project with
the sales price to be used for invoicing.
- Record the progress in
the Element Physical Progress (tpppc1550m000) or the Activity Physical Progress (tpppc1560m000) session.
- Transfer the project
data with the Transfer Transactions to Invoicing (tppin4200m000) session. Note: The Transferred Unit Rate Invoiced Lines (tppin0550m000) session displays the lines for a
specific project, element, and activity that have successfully been
transferred.
In Invoicing: - Confirm future
invoices.
- Check invoice
headers.
- Compose, print and post
to the Accounts Receivable module.
The associated revenues
are simultaneously processed in Project Accounting. The invoice number is
displayed on the transaction, when the revenues are posted, | |