Professional services automation ?
This page allows you to create invoicing terms for a
project. Invoicing terms are specified conditions of payment for an invoice
based on the method an individual or company chooses to pay for a product or
Note: Invoicing term requests can only be
created for projects of the Fixed price type.
To view and create invoicing term request, function right 891 — Invoice hours and expenses is required. By default, users with the Project administration role have this function right.
The information in this document is
applicable to product update 256 and higher. If you have versions lower than
this, certain features explained here will not be applicable.
Keep in mind: All fields with the “!” icon are mandatory.
Keep in mind: Alternatively, you can search for invoicing term
requests for a particular project by going to the project card, and then clicking
Invoicing terms under the Execution column.
Click this to create the invoicing term requests based on the data filled under the columns.
Click this to exit.
Click this to display existing invoicing term requests in the General section based on the project and page size defined.
Type or select the project to display existing invoicing term requests to which the project is linked.
This displays the currency used. The currency used is the same as the currency specified for the account that this rate is created for. If the account does not have a currency defined, the currency specified at Modules ? Financial ? Setup ? General ? Settings will be used.
Type a number to define the number of existing invoicing term requests to be displayed on a single page. You can type a number from 1 - 99999. Click Show to display the results or update the page size.
Type or select an invoice date for the request.
Type or select the deliverable to be linked to the request.
Type or select the item code to define the item to be linked to the request. Only items that meet the following criteria will be
available for selection under the Project term column:
Type the amount to invoice for the request.
Type a description for the request. This is mandatory.
Type a remark for the request.