Project Management

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Topic

    Rajan Gupta
    Migration of Project Billing
    Topic posted September 9, 2019 by Rajan Gupta, tagged Project Billing & Revenue 
    37 Views, 1 Comment
    Title:
    Migration of Project Billing
    Summary:
    Migration of Project Billing for partially paid invoices
    Content:

    Could you please share your experience of how you migrated project related invoices in case of scenarios when invoices are partially paid by customer and how the open balances are taken care in AR.

    You can share different approaches and pros and cons of migrating project related invoices

     

    Comment

     

    • Rangadham Ayyadevara

      Scenario 1

      Where the client wants to have historical data of the invoices and collections against the Customer

      Book an Event Billing for compete Invoice Value and interface to AR

      In AR Enter collection for the amounts that have been received and reverse the same in GL

      Scenario 2

      Where the client does not want to have historical data of invoices and  collections against the Customer

      Book an Event Billing for the outstanding balance and interface to AR.