ADVANCED BILLING
Manage all project billing scenarios including fixed price, time/materials, milestone billing, cost plus, and contract specific pricing with Acumatica Advanced Billing. Modify resource billing rates by project, employee, project tasks, account group, and inventory item.
Calculate time/materials billing according to the customer, the type of work performed, or specific project requirements.
KEY BENEFITS
Revenue Recognition
Fixed-Price and Cost-Plus Projects
Flexible Billing
KEY FEATURES
Define project billing parameters to automatically generate invoices at the right time. Save time, improve cash flow, and reduce errors.
Configure multiple rate tables for project tasks or specific projects for additional billing flexibility.
Bill projects quarterly, monthly, or weekly, according to a company-specific statement cycle for a customer or project. Delay posting of timesheets and materials expenses until released.
Apply markup at the customer level and vary according to service type and labor to provide maximum flexibility.
Correct improperly applied charges with an invoice regeneration capability and automatic reversal.
