Construction Invoice Plans
The Construction Invoice Plans provide invoicing dashboards for all types of sales and purchase invoices for a project, including Down Payments, Final Invoices, Invoices, and Credit Memos.
Note
Processing the construction invoice plans are generally the same for both sales and purchases but different pages are used with some varying fields. Therefore, the function is referred to as Construction Invoice Plan (or Construction Invoice Plans) with either Sales or Purchase references as needed.
Project Construction Setup
To use Construction Invoice Plans, the Invoicing Feature field must be set to Invoice Plans in the Project Construction Setup page.
Invoice Calculation
Invoices are calculated differently based on the invoice Type, Invoice Model, and Contract Type. The different settings and typical usage are described in the following table.
| Invoice Type | Invoice Model | Contract Type | Typical Usage |
|---|---|---|---|
| Down Payment / Final Invoice | Cumulative / Standard | Unit Price Contract | Calculated value is based on measurements. |
| Down Payment / Final Invoice | Cumulative / Standard | Lump-sum Contract | Calculated value is based on Payment % and/or absolute values. |
| Invoice / Credit Memo | Standard | Lump-sum Contract | Calculated value is based on absolute values. |
| Invoice / Credit Memo | Cumulative | Lump-sum Contract / Unit Price Contract | Not applicable – invoices and credit memos are only calculated based on absolute values and rarely are cumulative. |
Contract Type
The contract type determines what the invoice pricing is based on. The options are:
- Unit Price Contract – The unit price is used if measurements are created as the basis for the invoice amount.
- Lump-sum Contract – Used if a payment plan is based on order value and payment amounts.
Invoice Model
The invoice model defined on the project is transferred to the Construction Invoice Plan. This can be used by manually entering net amounts or with the Payment % field that automatically calculates the net amount of the invoice. The options are:
Standard – The net amount is calculated based on the Order Value of the Construction Invoice Plan.
For example, if the order value is 50000 and 10 is entered in the Payment % field, then the net amount is 5000. If 20 is entered on the next line, then the net amount is 10000.Cumulative Invoicing – The net amount is calculated based on the value in the Payment % field and adds the previous net amount.
For example, if the order value is 50000 and 10 is entered in the Payment % field, then the net amount is 5000. If 20 is entered on the next line, then the net amount is 15000 (20% plus the 5000 from the previous line).
Note
The Contract Type must be set to Lump-sum Contract to use the Payment % field. When invoicing by measurements (Contract Type = Unit Price Contract), the Payment % field is not editable. The registered measurement for the Construction Invoice Plan is calculated using the Calculate Net Amount from Measurement function (see Measurement Invoicing).
The following table describes a sequence of tasks, with links to the topics that describe them.
| To | See |
|---|---|
| Create a template for creating invoice plan lines. | Construction Invoice Plan Templates |
| Learn about the fields and actions on the Construction Invoice Plan pages for sales and purchases. | Construction Invoice Plan Pages |
| Learn about the Construction Invoice Plan fields and actions on the sales and purchase documents. | Sales and Purchase Documents |
| Create invoices or credit memos for lump-sum contracts. | Lump-sum Invoicing |
| Create invoices from measurements. | Measurement Invoicing |
| Use templates to calculate deductions in Construction Invoice Plan lines. | Deductions |
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