You specify project and task options to control how Oracle Project Billing processes your transactions. Use the Options region in the Projects, Templates window to specify the billing options for your projects and tasks:
Some options are available in the project billing setup but not available on the top task billing setup.The following table lists the billing options you can specify for your project and tasks:
| Billing Options | Description |
|---|---|
| Customers and Contacts | Use this option to specify your customers and contacts |
| Currency | Use this option to specify the billing currency conversion attributes |
| Billing | Use this option to specify the following for a project: - Distribution rule that determines the revenue accrual method and the invoice method for the project - Invoice formats - Retention withholding and retention billing formats - Funding rules - Other invoicing options - Date-effective funds consumption |
| Billing Assignments | Use this option to assign a billing extension that creates revenue or billing events that suit your business needs |
| Credit Receivers | Use this option to define which employees receive credit for a project |
| Retention | Use this option to define retention terms for your project customer |
| Bill Rates and Discount Overrides | Use this option to define the following billing schedules for your project: - Standard billing schedules - Employee bill rate and discount overrides - Job bill rate and discount overrides - Labor multipliers - Job assignment overrides - Job billing title overrides - Non-labor bill rate and discount overrides |
Attention: In the billing setup steps, if you select the Bill Labor Accruals check box for a project, only the future labor cost transactions are evaluated for billing.
For detailed setup instructions for each option, see: Billing Setup. For detailed setup instructions for billing implementation options, see: Implementation Options, Oracle Projects Implementation Guide.