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Re: Time and Material Billing

by
Palani Durai
- 07/11/2015 03:42:56
Hello, 

Thanks for the support, I am getting an error while creating Invoice

"There  is no income account defined as global property"

can you please help me with this as well :)

Regards
Palani



On Sat, Jul 11, 2015 at 10:34 AM, OI Dubai <info@orchidinfosys.com> wrote:

Hi

In Sales Order make Invoice Control = On Demand.

In Create Invoice option select Percentage.

It allows you to invoice in partial like 50%, 30% and 20% .......

Orchid Infosys Dubai


On Sat, Jul 11, 2015, 2:59 AM Palani Durai <palani.durai@gmail.com> wrote:

Hi Folks,

I have a typical scenario on Project Time and Material Billing, Can someone help me with your expertise

Scenario

Project Type : Supply, Install & Training of Equipment 

Billing should be done at 3 different stages : Supply 50%, Installation 40% & Training 10 %

The Total Value of the Contract is for the Materials only

I have created a Project & Analytic Account on the Sales part i have created Sales Order, if i bill the as per sales order it will 100% billing of Material, is there any way i can bill Proportion of the Contract value with Materials 

Let say the contract Value is $ 150,000 for which i have 10 different products & multiple quantities, in the stage 1 i have to bill for 50% of the Contract though i have supplied the complete material &  stage 2, Stage 3 thereon.

Thanks in advance, your help would be highly appreciable

Regards

Palani


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Thank you
Palani