Steps: Set Up Project Billing
Review setup considerations for project billing.
Project Billing uses information from customer contracts and Workday Projects to create a
comprehensive billing process for billable projects. To use Project Billing,
configure the Financials and Projects product areas to track and bill for activity
against your projects.
- Set up billable projects.
- Create a customer contract with billable project lines. The customer contract can reference 1 or more billable projects.
- Create a contract rate sheet and billing rate rules for the customer contract.
- Create a billing schedule for the customer contract.
- Review and manage project billing transactions.
- (Optional) Create and review customer invoice proposals.
- Generate invoices against the project.