Page 3 - Unanet GovCon Using Billing Revenue - Participant Guide ebook

Activity 3.3 Review and Approve Customer Invoice ............................................... 25

Activity 3.4 Complete Customer Invoice ................................................................. 26
Invoice Delivery ....................................................................................................... 27

Activity 3.5 Deliver Customer Invoice ..................................................................... 28
Reports Dashboard – Financials and Project Accounting ................................... 29

Activity 3.6 Run Accounts Receivable Aging Report .............................................. 30
Additional Reports – Billing Manager .................................................................... 31

System Administrator – Setup................................................................................ 33
Check Your Understanding .................................................................................... 34

LESSON 4 REVENUE RECOGNITION .................................................... 37
Learning Objectives ................................................................................................ 37

Introduction .............................................................................................................. 37
Project Type & Billings Type .................................................................................. 37

Billing & Revenue Calculations by Billing Type .................................................... 38
Time & Materials: ..................................................................................................... 40

Activity 4.1 Run Billing & Revenue Summary Report ............................................. 40
Activity 4.2 Follow Billing & Revenue for Time & Materials Contract ...................... 41

Cost Plus: ................................................................................................................. 43
Activity 4.3 Follow Billing & Revenue for Cost Plus Contract ................................. 44

Fixed Price: .............................................................................................................. 46
Activity 4.4 Set up Fixed Price Item Schedule on Project ....................................... 47

Activity 4.5 Follow Billing & Revenue for Fixed Price Contract ............................... 48
Check Your Understanding .................................................................................... 52

LESSON 5 INVOICE ADJUSTMENTS ..................................................... 55

Learning Objectives ................................................................................................ 55
Introduction .............................................................................................................. 55
Funded Value Limits on Customer Invoice ........................................................... 55

Activity 5.1 Funded Value Limits on Customer Invoice .......................................... 56
Defer and Write-off Items ........................................................................................ 59

Activity 5.2 Defer and Write-off Labor and Expense on Customer Invoice ............. 60
Void an Invoice ........................................................................................................ 62

Activity 5.3 Void Customer Invoice ......................................................................... 62

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