Percent of Proposal Billing
Percent of Proposal billing is used when customers are billed based
on billing percentages for accepted proposals. Proposals are entered,
accepted, and billed. When you use Progress Billing to bill the customer,
you will select a particular proposal in the grid and specify the percent
that you want to bill. You can use the Bill button to obtain options for
quickly updating billing percentages for proposals.
Setting up Sage 50 for Percent
of Proposal Billing
Two elements of setup must be complete for Percent of Proposal billing
to function properly.
- Set the Billing
Method field for the job records as Percent of Proposal.
Note: The Estimated Revenues fields for jobs/phases/cost
codes are grayed out since estimated revenues are calculated for each
job/phase/cost code based on accepted proposals.
- Enter and accept proposals, specifying line items
to the particular jobs/phases/cost codes.
How Sage 50 Bills Using Percent
of Proposal Billing
Sage 50 will bill based on a manually entered percentage for the proposal
amounts. The Amount that is billed
for any line item will be equal to the Proposal Amt * Bill %. The Bill
% will be the value you enter, either manually or using the Select
Percentage to Bill window.
You can use the Bill button
on the toolbar during Select for Progress Billing to open the Select Percentage
to Bill window on which you can specify a percentage for all phases/cost
codes or to bill the remaining amounts for a proposal.
Note: If you select an amount that will cause the Total % for any
line item to exceed 100%, you will receive a warning when you attempt
to save, print, or email the invoices (the Total % is equal to the Bill
% plus the % Previously Billed). You will be able to override the warning
and bill beyond 100% if you want.
Using Percent of Proposal Billing
- Use the Select
for Progress Billing - Filter Selection window to select the jobs
and customers you want to bill. Make sure that you check Percent
of Proposal. Click OK..
Note: Proposals containing serialized inventory or serialized
assembly items will not included.
- Select a line item in the grid for the first proposal
you want to bill by clicking it.
- Click the Bill
button to open the Select
Percentage to Bill window.
- Select an option for billing. This will allow
you to quickly enter a Bill % for all phases and cost codes for that proposal,
if you so chooClick OK..
- Select the Invoice
check boxes for the line items you want to bill. Or you can use the All button in the toolbar to check all
line items in the grid.
- Verify that the amounts are correct.
- Repeat steps 2 through 6 for the remaining proposals
in the grid.
- Select an option in the Create
one invoice field.
- Click Save, Print, or Email
to process the selections.
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