Managing Billing Schedules

To manage the billing schedules of fixed price estimate products:

1. In the Estimate Milestones grid, click Manage Billing Schedules.
2. [Optional] Edit the Billing Frequency of your estimate products.
3. [Optional] Edit the Upfront Billing (%) of your estimate products.

4. [Optional] To set a specific start date for a billing group:

   1. In the Scheduling Option column, select "Custom".
   2. Enter a date in the Billing Start Date column.
5. Click Save.

To create a custom billing schedule:

1. In the Estimate Milestones grid, click Manage Billing Schedules.
2. On the estimate product, independent record, or billing group, click Manage Custom Billing Schedule in the row level actions.
3. Click to add custom billing schedule line items.
4. Enter a Billing Date for the custom billing schedule item.
5. Enter a flat amount or percentage for the custom billing schedule line item.
6. [Optional] Withhold a percentage of an item and release it on a later item using the Holdback (%) and Release Holdback columns. For more information, see Applying a Billing Holdback.
7. Repeat steps 3–6 until the total amount has been distributed across the custom billing schedule items.
8. Click Apply.
9. Repeat steps 2–8 for all estimate products or billing groups you want to configure a custom billing schedule for.

To remove an item from a custom billing schedule, click the row level actions for that item then click Delete. Row level actions are unavailable when the schedule is read-only.

Notes:

• You can't edit the Billing Frequency or Upfront Billing (%) of estimate products that have been added to a project.
• If a custom billing schedule withholds more holdback than it releases, a warning is displayed against the record, showing the outstanding amount. You must release the outstanding holdback before you can create a project from the estimate. For more information, see Billing Holdbacks Overview.