Billing Calculation (BR120)
Run Billing Calculation (BR120) to construct invoices based on activity billing parameters and posted transactions.
- Use the Activity page to identify the activities to invoice and the run options (update and status). You can run this program by activity group list, activity group, activity, or activity list.
- (Optional) Use the Customer page to select the company, customer, and contract.
- Use the Other Options page to further classify the billable amounts included and other invoice options.
- Use the Output Options page to specify certain reports to include in the output and whether to print invoice comments.
Processing Effect
General Ledger and journal entry records are automatically created by running this program with the Update field set to Yes.
Billing Calculation (BR120) with a status of Processed creates Accounts Receivable debit amounts and either Billed/Unearned or Earned/Unbilled credits. If you are recognizing revenue before you calculate the bill, Earned/Unbilled credits are created. If you calculate the bill before you recognize revenue, Billed/Unearned credits are created.