Billing Events and Invoice Management

What are the 5 ‘Business Records’ that can be billed from PSA?

1. Timecard Split

2. Expenses

3. Milestones

4. Budget

5. Misc. Adj.

True/False - you can bill an item that doesn’t have an Account selected?

False

What fields must = TRUE for a business record to be billed?

• Include in Financials

• Billable

What fields must = FALSE for a business record to be billed?

• Billed

• Invoiced

• Exclude from Billing

• Billing Hold

What 3 parts of PSA can Billing Events be generated from?

1. Project

2. Account

3. Projects awaiting billing tab (→ Mass BE Generation)

What is the difference between flexible and normal billing?

Flexible billing has a cut off date.

What are the 4 types of transaction rule?

Time - Expense - Cost - Revenue

For each RPG.

What are the 4 attributes that affect a record’s eligibility for billing?

Billable - Submitted - Approved - IIF

What are the 3 main steps in the Services Billing Process?

1. Generate Billing Events

2. Release Billing Events

3. Mark them as Invoiced

In the Certinia Finance system, what does a Billing Event Line Item correspond to?

Sales Invoice Line Item

True/False - If you alter a Business Record that is part of a generated Billing Event, you will be able to release it without recalculating?

False - If the Billing Event no longer matches the details of the business record then the system will no let you release it.