construction
Allow excess billing on progress-based contract lines
You can now set progress-based project contract lines to an unrestricted billing amount instead of using Change management or revising contract line amounts manually.
How it works
On the Project contract line page for a progress-based line, set the Maximum billing field to No maximum. This allows an unrestricted billing amount for that project contract line.
Good to know
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Previously, you could set a maximum billing amount only for Time and material billing types. The options for the Maximum billing field are the same for progress-based billing and time and material billing:
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Total revised price (default): Automatically updates the total revised price for a project contract line to reflect linked change requests. The total revised price is the sum of the original, revision, and approved change amounts.
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Specified amount: Allows you to enter a maximum billing amount for a project contract line.
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No maximum: If a project contract does not stipulate a maximum price, this option allows an unrestricted billing amount on the associated project contract line.
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When generating project invoices (Projects > AR sales invoices > Generate sales invoices), the Maximum billing amount column displays on the project contract line grid by default. If you have set this field to No maximum, the grid shows two dashes (--) for the Maximum billing amount.
Permissions and other requirements
| Subscription |
Construction Projects configured for Projects costing and billing |
|---|---|
| Regional availability |
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| User type |
Business Construction Manager Project Manager |
| Permissions |
Projects, Project contracts
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