Cost+ Invoicing
OBJECTIVE
The Cost Plus Invoicing option is used to transfer the cost of a resource to an expense project associated with the same resource.
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For inter-company transactions, the system creates a sale in one company and a purchase in the other. This only works in multidimensional mode. For transactions within the same company, the system creates inter-project transfers. Invoicing can be on a daily, weekly or monthly basis. |
PREREQUISITE
Steps
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maestro* > Projects > Project Costing > Resource Allocation > Cost+ Invoicing |
Invoicing
- Select a Period and a Project.
The ▼ symbol is used to select more advanced search criteria.
The + symbol is used to drill down further to maximize how the information is sorted.
- Click Start.
- Clicking Yes makes it possible to invoice extras, such as the resource and associated expenses. Clicking No only allows you to invoice the allocated resource.
- Enter and select information based on specific requirements:
Field
Description
Assignment/Equipment
Equipment/Assignment
Used to change the layout of information.
Acctg Date
Accounting date.
Default Equipment Group
Equipment invoicing group.
- Enter the required information in the Expenses tab:
Field
Description
Status
Billable Project
Revenue project associated with the resource.
Quantity
Quantity from purchase transactions (for example, a catalogue order) associated with the expense project.
Unit Price
Unit price from purchase transactions (for example, a catalogue order) associated with the expense project.
Amount
Total amount of purchase transactions associated with the expense project.
Description
Description of the expense or adjustment.
Available values- Click Save.
See also
- Project-to-Project Transfer
- Stock Order from Catalogue
- Purchase Order Management
- Internal Purchase Order
- Project Purchase