This option determines the type of billing you will be generating, as well as how items are initialized based on bill type (as defined in JC Contract Items).

• P-Progress (P) Items Only – Select this option to generate progress billings only. The system will initialize only those items with bill type of ‘P’ (Progress), and calculate values based on percent complete. All T&M-specific fields are disabled when this option is selected.

• B-Progress (P) and Both (B) Items – Initialize (B) Items as T&M – Select this option to generate both progress and T&M billings. The system will initialize items with a bill type of ‘P’ or ‘B’ (Both). Values for items with a bill type of ‘P’ will be calculated based on percent complete. Items with a bill type of ‘B’ will be initialized as T&M, with values based on T&M calculations using Job Cost detail. You might typically use this option when the contract is a ‘Progress’ type, but you have T&M change orders that will be included in AIA reporting. When this option is selected, all fields are enabled, including those specific to T&M billings.

• X-Progress (P) and Both (B) Items – Initialize (B) Items as Progress – Select this option to generate progress billings. The system will initialize items with a bill type of ‘P’ or ‘B’ as Progress. Values for both types will be calculated based on percent complete. When this option is selected, all T&M-specific fields are disabled.

• T-T&M (T) Items Only – Select this option to generate T&M billings only. The system will initialize only those items with a ‘T&M’ bill type, with values based on T&M calculations using Job Cost detail. You might typically use this option for straight T&M billing with no AIA reporting. When this option is used, Progress-specific fields are disabled.