Billing
and Work in process
BILLING
Progress invoicing:
The entry of progress percentages can be global or detailed. Situation invoices
are automatically generated by taking into account last situations and potential
change orders.
Billing schedule:
a billing schedule per date or situation enables to set an invoice proposal. NaviOne
includes functions enabling to define the billing frequency and to generate the
related invoices.
Direct billing:
Easy creation of an order from the quotation, and of an invoice from the order streamlines
the billing process from “small” jobs/contracts.
Contracts and recurring services:
The contract management module enables to periodically release the related invoices.
FINANCIAL CONTROL
accounts payable and accounts receivable include features related to contract management
and especially:
- Commitment follow-up per contract
|
- Guarantee tracking in order to launch bank guarantee requests, to control guarantee
in process per bank and to perform withdrawal at due date.
- Consideration of payment
withheld as a guaranty to ensure proper accounts receivable follow-up and to timely
perform customer dunning.
ACCOUNTING STATUS
In order it becomes a real control tool, it is essential for an efficient contract
management to identify at any time:
- Details of expenses per contract, either actual or in progress (invoices not received,
orders not received).
- Completion status of each contract or item, whether it is similar or not to the
billing progress status.
- Progress and acceptances not invoiced yet.
WORK IN PROCESS
NaviOne® enables to:
- Ind icate for each cont ract or each cont ract item the completion percentage.
- Precisely identify details of accepted orders not invoiced yet.
- Automatically post the related accruals.
- Display or print at any time the results of each contract, considering the expense
commitment balance.
|