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RE: Time and Material Billing

by
Rooms For (Hong Kong) Limited, Yoshi Tashiro
- 07/11/2015 04:24:36

Hi Palani,

 

I think you need to have a record like below image in Settings > Technical > Parameters > Company Properties.  Maybe the COA template you used did not take care of the generation of this record.

 

<img width=806 height=264 id="Picture_x0020_1" src="cid:image001.png@01D0BBF4.4C898680">

 

'884' in above image is the database record id for income account, and varies in each installation.  You can find this through View Metadata (in developer mode) in the form view of the income account.

 

----------------------------
Yoshi Tashiro

 

From: Palani Durai [mailto:palani.durai@gmail.com]
Sent: Saturday, July 11, 2015 3:48 PM
To: Community
Subject: Re: Time and Material Billing

 

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

 

 

Image removed by sender.

 

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

 

 

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