Billing Review is the most important screen wherein you can implement billing decisions and process invoices. Whichever billing method you choose, all billing information flows to this screen. It enables you to generate invoices by client, project, manager, contract type and by whatever billing period you want.
A billing record summarizes approved time and expenses within the date range you define, and brings forward other useful information like retainers, billable amounts, taxes, etc. Web Suite generates it based on the three key business rules:
When you process a billing record into an invoice, the associated time and expenses are ‘relieved’ (marked billed and given the invoice number for cross-reference). Web Suite allows concurrent billing in Billing Review and Manual Invoice screens wherein multiple users can do their billing simultaneously. However, it locks the time and expense entries associated with the active billing record. Another user will not see any invoice related to those entries until the first user releases them. You can also process multiple invoices for the same project by defining different dates (billing period).
Billing Review allows you to perform the following billing tasks: