Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Billing

Partially clear a progress bill

After creating a progress bill, at some time in the future you'll need to relieve the progress bill by creating an invoice that applies the prior progress bill amount against WIP that represents the work billed by the progress bill. There may be times when you want to clear only part of the progress bill amount and leave a remainder to clear against more WIP at a future time.
Follow these steps to partially clear a progress bill.
  1. Select
    Action
    ,
    Billing
    , then the client you previously progress billed.
    Because a previous progress bill could result in a negative WIP balance for the client, make sure to mark the
    Negative WIP
     checkbox on the Billing Selection if the
    Positive WIP
     checkbox is marked.
  2. Select
    Detail Bill Selected
    .
  3. On the
    Time and Expense
     tab, locate the original progress bill and enter the amount you want to relieve as a negative value in the
    Billed
     field. The remaining amount of the progress bill displays in the
    Carryover
     field.
  4. Select the WIP items you want to apply the amount you're clearing to.
  5. Right-click and select
    Smart Bill Selected
    .
  6. In the
    Billed
     field, enter the amount of the progress bill you're clearing as a positive amount.
  7. Select
    OK
    .
    The application distributes the amount entered to clear proportionally to each of the selected WIP items, and automatically calculates the adjustment amount for each WIP item.
  8. Select
    Save
    .
  9. If you use the approve and post process for billing, select the
    Review
     tab and post the invoice.

This article applies to:

  • Product: Practice CS
  • Subject: Billing