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Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 14 · Project Billing: Contracts, Invoice and Revenue Methods

Proving the association works

Lesson 150 of 198 · 10 min

Run the verification checklist. Record a cost on an associated task and show it appearing as billable. Generate a draft invoice. Recognize revenue. Show the unbilled or unearned position. Then show a cost that is not billable, and diagnose why. Getting to a draft invoice in this module matters, even though the next one covers processing properly. You need to see the end of the chain before spending another module on its mechanics. The unbilled position appearing is the proof that bill and revenue plans are working independently.

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In this module: Module 14 · Project Billing: Contracts, Invoice and Revenue Methods

  1. 1The contract dependency
  2. 2Contracts, lines and projects
  3. 3Bill plans and revenue plansFree preview
  4. 4Invoice methods
  5. 5Revenue methods
  6. 6Creating a contract
  7. 7Associating projects and tasks
  8. 8Contract types and approval
  9. 9Proving the association works
  10. 10What breaks
  11. 11Lab: a master agreement, a fixed price, and one task that must not bill