Previous Amount

This field defaults the total of previous amounts for this contract item, and is the sum of the last billing’s “previous” and “this invoice” amounts.

You may only override this value if the Allow Changes to Previous and Contract Amounts box is checked in JB Company Parameters.

Note: If you change this value, the % Complete will be updated to reflect the change. If you have checked the Automatic Update of Prev Billed and ChgOrder Amounts on Future Bills box in JB Company Parameters, it is highly recommended that you do NOT change this value, as it may cause inaccuracies when previous amounts are updated for future billings.