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After you have billed and applied billed revenue and quantities in the Billed revenue details slide-out panel, columns in the Pay Items register are populated with billed revenue values.
The pending amount fields are derived from the quantity earned and revenue earned amounts. Furthermore, the pending amount fields help you identify what has been billed versus what is left to be billed based on what has been completed for your cost items. The Is billed check box shows selected when a pay item has been billed.
You can view the billed revenue data in the following columns:
| Column | Description |
|---|---|
| Is billed | When selected, a billing record has been created. |
| Billed quantity | This value is based on your pay quantities and depends on the unit of measure and how you want to bill the quantity. |
| Billed revenue | What has been billed to the client. |
| Pending billable quantity | The quantity that you have earned but has not yet been billed. |
| Pending billable revenue | The revenue you have earned but has not yet been billed. |
| Revenue earned | Total earned revenue of all cost items. |
| Quantity earned | The earned quantity which varies depending on billing method. |
The revenue in the CBS is updated after you apply billed revenue against it.
Control revenue settings
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9977 N 90th Street, Suite 250 Scottsdale, AZ 85258 | 1-800-637-7496
© 2024 InEight, Inc. All Rights Reserved | Privacy Statement | Terms of Service | Cookie Policy | Do not sell/share my information