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Enter a final bill without work-in-process

You can use an adjustment entry to bill a client when no work-in-process (WIP) has been entered and one won't be entered in the future.
  • The adjustment entry records a billing transaction.
  • It also creates a positive WIP adjustment for the amount of the billing.
  • The result is that accounts receivable is recorded for the client without the need for current (or future) WIP.
Do the following to create an adjustment entry to enter a final bill without WIP:
  1. Select
    Actions
    , then
    Billing
    .
  2. Select the client you want to bill.
    If zero-balance clients aren't displayed, clear the
    Positive WIP
     and
    Negative WIP
     checkboxes.
  3. Select
    Detail Bill Selected
    .
  4. Go to either the
    Summary
     tab or the
    Time & Expenses
     tab, and then right-click and select
    Add Adjustment Entry
    .
  5. Fill in the
    Engagement
    ,
    Project
    ,
    Activity
    ,
    Staff
    , and
    Amount
     fields, and then select
    OK
    .
    The values entered will be used to record the billing and WIP adjustment transactions for firm management purposes. In other words, the staff member and activity entered will receive the allocation/credit for the billing and adjustments.
  6. If you want to print the invoice, go to the
    Compose
     tab and edit the text that will show on the invoice.
  7. Select
    Save
    .

This article applies to:

  • Product: Practice CS
  • Subject: Billing