Billing and Revenue Management

Bill Transaction Creation on Billing Event Creation

What it Does: Generates Bill Transactions when project Billing Events are created.

​​​​​​​​​​​​​​​​​​​Why it Helps: Bill transactions provide an accurate, real-time record of work-in-progress, or WIP, without the need to rely on batch processes such as Generate Invoices or Generate Revenue.

Improved Manage Project Invoices User Experience for Project Managers

What it Does: Project managers can drill down to the Invoice Details page for a project contract invoice from the Manage Project Invoices page to view the invoice lines and distributions along with contract limits and financial summary.

​​​​​​​​​​​​​​​​​​​Why it Helps: The additional information and quick access to details gives project managers the data they need to manage their project contract billing in a single place.

Optional Exclusion of Grouping Attributes from Invoice Line Description

What it Does: Labor, Nonlabor, and event invoice formats now have an option to exclude an invoice line grouping attribute from being added to the invoice line description.

​​​​​​​​​​​​​​​​​​​Why it Helps: Users can avoid repeating data like quantity, unit price, or item in the invoice line description when they are reported separately on the invoice line.