Reference: Contract Line Types for Project Billing
Workday provides these project line types that you can use to create customer contracts for project billing:
Contract Line Type
| How You Use It
| Billing Options
| Revenue Recognition
|
|---|---|---|---|
Fixed Fee Project
| Set the project value based on the scope and product when you create the contract. |
|
|
Intercompany Expense
| Set the expense rates between legal entities of global organizations for intercompany expenses. | Intercompany transactions | |
Intercompany Supplier Invoice
| Set the supplier invoice rates between legal entities of global organizations for intercompany supplier invoices. | Intercompany transactions | |
Intercompany Time
| Set the worker rates between legal entities of global organizations for intercompany time. | Intercompany transactions | |
Project Time and Expense
| Charge the project as you incur time and expenses. |
|
|
Usage-Based
| Process your transactions as they occur. | Transactions |
|
Value-Based Project
| The project value varies based on external factors. You bill your customers on an ad hoc basis for time and expenses. |
|
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