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Administrator Guide
Last Updated: 2023-06-23
Review Intercompany Billable Transactions

Review Intercompany Billable Transactions

An intercompany contract with billable transactions.
Security:
Process: Transfer Pricing
 domain in the Projects functional area.
You can review your intercompany billable transactions that occur between:
  • A parent company and a subsidiary.
  • Divisions.
  • Subsidiaries.
Using the Review Intercompany Billable Transactions task, you can also:
  • Approve transactions.
  • Change billable amounts.
  • Recalculate billing rates.
  • Place transactions on hold.
  • Hold transactions from billing.
  1. Access the
    Review Intercompany Billable Transactions
     task.
    Workday displays the last search criteria you used.
  2. Review and process your transactions.
    As you complete the task, consider:
    Option Description
    Billing Status
    Use this prompt to change the billing status for 1 or multiple lines at once.
    Pending Pricing
    Displays when you've completed both of these actions:
    • Approved the worker time block using standard cost rates.
    • Created the advanced labor cost calculation assignment.
    Workday displays the billable amount as zero until you complete the
    Schedule Project Advanced Labor Costing
     task. This task calculates prorated cost amounts for worker hours.
    Unbillable
    Displays when your transactions are missing either or both of the intercompany:
    • Billing schedule.
    • Contract.
    Modify Fields
    You can update these fields:
    • Billing Status for all transaction types.
    • Hours to Bill for time transactions only.
    • Rate to Bill for time transactions only.
    • Amount to Bill for expense and supplier invoice transactions only.
    • Reason for Change for all transaction types.
    You can't modify fields for transactions with a status of:
    • Do Not Bill
      .
    • Pending Pricing
      .
    • Unbillable
      .
    Recalculate Rates
    Select to clear changes you make to any of your transactions.
    You can't recalculate rates for transactions with a status of:
    • Do Not Bill
      .
    • Pending Pricing
      .
    • Unbillable
      .
Create invoices for intercompany transactions.