Contract Billing Setup for In-Memory Project Portfolio Advisor

You can view contract information in the JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor system. To set up the JD Edwards EnterpriseOne Contract and Service Billing system, set up these parameters:

• Billing constants.

  Billing constants determine contract billing and invoice processing.

  See "Setting Up Billing Constants" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• User-defined codes (UDCs).

  You set up UDCs to define custom codes for the system, such as component codes and adjustment reasons.

  See "Setting Up UDCs" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• Automatic accounting instructions (AAIs).

  You set up billing AAIs to define the accounting rules that the system uses to process journal transactions for billing, revenue recognition, and reallocations.

  See "Setting Up AAIs for Billing" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• Billing rate and markup rules.

  You set up billing rate and markup rules to define the calculation for the amount that you add to costs to account for overhead and profit.

  See "Understanding Billing Rate and Markup Rules" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• Component rules.

  You set up component rules to define an additional markup that is based on amounts and units. The markup rules use this information to define additional markup.

  See "Setting Up Component Rules" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• Contracts.

  Contract setup is essential to viewing job and project information in the JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor system.

  See "Setting Up Contracts" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• Billing lines.

  After you define the contract master information, you must define contract billing lines to generate invoices for your clients. Contract billing lines specify the billing terms of the contract. You can set up independent and dependent contract billing lines.

  Independent contract billing lines include all of the information that the system needs to calculate a billing amount.

  See "Defining Independent Contract Billing Lines" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

  Dependent contract billing lines include only a portion of the information that the system needs to calculate a billing amount. To calculate a billing amount for a dependent contract billing line, you must associate each dependent billing line with an independent billing line. Typically, you set up dependent billing lines when you want to generate invoices that illustrate each element included in individual billing amounts.

  See "Defining Dependent Contract Billing Lines" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

  You can view billing information in the JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor system.

• Fee rates.

  To calculate billing amounts for a fee billing line, you must assign a rate code or a fee percentage to the billing line for a fee. The rate code specifies a table or fee percentages that the system uses to calculate a fee billing line. The rate code is based on an effective date rate.

  See "Defining Contract Billing Lines for Fees" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.

• Burdening.

  Burdening is the ability to charge indirect costs to contracts or jobs based on a pre-defined set of rules and rates. Indirect costs include overhead, material and handling, and general and administrative costs.

  See "Defining a Contract Billing Line for Applied Burdens" and "Defining a Contract Billing Line for Labor Burden" in the JD Edwards EnterpriseOne Applications Contract and Service Billing Implementation Guide.