Does anyone have a process that will produce a progress billing based on units in place instead of % complete?
The concept is similar, but the SOV is based on Units and Unit Cost to calculate the amount. Also, need to show Units Previously Billed, Units Billed this Period, Total Units Billed. Each of those columns would then be multiplied by the Unit Price to calculate, Previous Amount, Amount this Period & Total Amount.
Sounds like this may be for a highway/heavy or other civil construction company as many of them do unit price billing for DOT jobs. At this point, I don’t believer we handle this but will need to do so if we want to compete in this space.
If you have not done so already, please review the functionality we added for Quantity Billing with release 2022 R1. That should handle a majority of the revenue side of things, while we work on the cost side of things for 2022 R2 (shortlisted).
Thank You.
I believe this will resolve this issue. Thanks.
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