Field Definitions: SM Work Schedule Billings Form
The following is a list of field descriptions for the SM Work Schedule Billings form. Many of the descriptions include links to other topics that provide additional information about or related to the topic.
The Basis field on the SM Work Schedule Billings form
Enter the tax basis for this sequence. The Amount field will update with the tax amount after invoicing.
The Billing Amount field on the SM Work Schedule Billings form.
Enter the billing amount for this billing sequence (equal to or greater than 0.00). When running the periodic billing process, this is amount that will print on the invoice for the customer.
When you have completed entering billing sequences, the Total Remaining amount must equal 0.00. If it does not, you must adjust the billing sequences until it does.
If this is a non-expiring agreement, the amount you specify will depend on the service price, the pricing frequency, and your billing frequency. For example, if the service price is $10,000 with a pricing frequency of A-Annually, and you bill quarterly, you would set up four billing sequences and enter $2,500 here for each sequence. The system will continue this quarterly cycle each year until you terminate the agreement.
The Billing Seq field on the SM Work Schedule Billings form.
Enter N, New, or + to have the system automatically assign the next sequential number available (based on highest existing billing sequence for this service).
The Date field on the SM Work Schedule Billings form.
Enter the billing date for this sequence.
The Tax Code field on the SM Work Schedule Billings form.
Required if a Tax Type is specified (previous field).
Enter a tax code for this sequence. Press F4 for a list of valid tax codes.
The Tax Type field on the SM Work Schedule Billings form.
Select the tax type for this work schedule billing or leave blank (default) if taxes are not applicable.
1 - Sales
2 - Use
3 - VATNote: For Australian and Canadian companies (where SM company's AR company is set up with a Default Country of AU or CA in HQ Company Setup), the Tax Type defaults to 3-VAT.