Hi, We are generating invoices based on Sales orders. Is it possible to make use of the Payment Schedule feature from within the Project invoice proposal? For example: Based on a sales Order of 1000 EURO we would like to generate several Project Invoice Proposals based on a payment schedule (ex. 50-40-10%). Geuko ROoseboom DECOPROJEKT.COM
Briefly, you will have to use the on-account schedule to do your invoicing to the customer. You can do this on a t&m project no problem. But at some point you need to invoice the ‘real’ time and material invoice from the sales order. Do this at the end of the project and use the offset feature to cancel the on-account schedule that has already been invoiced. The result should be a zero invoice generated but the sales order will be updated as invoiced - and the customer gets their on account sequence as you require. Sorry if that sounds confusing. The process isn’t difficult but you must get the sequence of events correct. Finally, you will need to do manual journals for any WIP issues as a t & m project can not be part of a WIP project.