Progressive Billing

[miaconis]

I'm working with a client who manufactures build to order equipment. For the larger orders they want to do progressive billing, i.e. bill the customer 10% when the drawings are complete, 40% when the materials arrive and the final 50% when the equipment is delivered. They are currently handling it by creating multiple sales order lines which they ship confirm separately as each phase of the process is completed. I am wondering if this is the only way to handle it, or am I just not aware of a World module that can handle this?

Thanks in advance for any help.

 

[SharonMK]

We enter a progress billing line on sales order and invoice it (we created an "RP" document type). This is charged against our progress billing account in the G/L. When a payment is received, a progress billing offset line is entered on the sales order. This line is processed when the equipment is shipped issuing the customer a net due invoice. It's a good way for us to keep tracking of outstanding progress billing invoices.