How Do I Create Percent Complete Invoices?

A percent complete invoice uses the ‘% Complete’ value of the project (in Project screen or Billing Review grid) to calculate the net bill amount. Web Suite automatically calculates this value based on the contract amount and bills the client accordingly. Percent complete billing supports both single project per invoice and joint invoicing.

You can create a Percent Complete invoice only when a project has a Contract Amount, with neither a billing schedule nor a recurring contract type assigned.

To create a percent complete invoice:

1. Click Billing on the navigation bar and then click the Billing Review tab.
2. Select the desired View By and From-To options.
3. Next, select the relevant billing Period and date. Click Refresh to display all billing records that meet your criteria.

4. Find the billing record that you want to bill on a percent complete basis. Enter a value in its % Complete field to calculate the Net Bill based on the project’s percentage of completion.

The current value carries from the Project profile. You can accept that or enter a new percent (revised). You can enter a dollar amount by inserting the $ symbol and have Web Suite reverse calculate the percentage.

5. Web Suite recalculates the net bill amount based on % Complete value. Check the Bill box for this record.
6. Click Process to generate a final invoice. Web Suite removes this billing record from the grid and moves it to Invoice Review.
7. When you have finished, click Close.

Web Suite includes invoice templates that print percent complete information.