Time & Materials Billing

The Time and Material Billing System automatically generates billings for labor, materials, subcontracts, equipment, and other transactions which make up costs. The billings are prepared from transactions entered from Payroll, Accounts Payable, Order Processing/Inventory Management, General Ledger, Equipment Accounting Systems, as well as Time and Material.

Your company will eliminate the clerical time required to compile billable costs, extend invoice amounts, and print invoices. All costs posted to a job are billed - lessening lost revenue from missed items. Preliminary invoices can be easily reviewed and adjusted before a final invoice is generated.

The data entered in this system is edited against information in the Accounts Receivable System for customers, jobs, and contract items.

Time & Material Billing Benefits

• Eliminates unbilled cost, arithmetic and pricing errors
• Saves time by automating data collection, recurring billings, automatic update of open receivables, job income and General Ledger
• Provides flexible invoice formatting