Default Bill Type

Indicate the default bill type for this contract. Each contract item set up for this contract will automatically default the designated bill type, which may be overridden.
  • Progress - Select this option to bill costs on a percent complete or units complete basis.

  • T & M - Select this option to bill costs on a Time and Materials basis.

  • Both - Select this option to bill costs on a Time & Materials basis with a Progress backup. Contract items with a bill type of both can only be initialized to T&M billings; however, once the T&M billing is generated, the system produces a progress billing with the same dollars.

  • None - Select this option if you are not billing costs through Job Billing.

Note: If you change the bill type assigned in the contract header, upon saving the record, a message displays indicating the change and asking if you want to update any existing contract items having the old value to the new value. Select Yes to save the change to the header and to all applicable contract items (i.e. those having the same 'old' bill type). Select No to save the change to the header only.  

JC Contracts