Billing Method for Job Fields

Select the billing method for this job. This field will be used during the Progress Billing routine to determine the amount and method to bill for your jobs. It will default to the method of billing selected on the Billing & Retainage tab of Job Defaults.

Note: You must have actual expenses before there will be an automatic calculation, and that you must have both estimated expenses and estimated revenues for the particular phase/cost code. If set up properly, the amount to bill will be calculated automatically during Progress Billing.

Warning! For these two billing methods to work properly in Sage 50, you must enter Estimated Expenses and/or Estimated Revenues for your jobs prior to performing a progress billing.

Warning! Once you select Percent of Proposal and enter open proposals for a job, you should not change the billing method for that job, since you will lose data for Estimated Revenues. To change the billing method, you must first close any open proposals and make notes on what the Estimated Revenues for the job should be.