What is the Billing Schedule Reminder Date

On the Billing Review screen, you can generate billing records using the filters at the top. The standard business rule is that BillQuick computes the Net Bill Amount by totaling all the billable, unbilled and approved time (services) and expenses . . . UNLESS a billing record was pre-defined for the project. This can be done in two ways:

1. A billing record defined on the Billing Schedule screen for the project.
2. A recurring billing record defined on the Project screen for the project.

Normally, BillQuick carries the next unbilled billing record for a project from the Billing Schedule to Billing Review when you click Refresh.

The date in the Billing Schedule is simply a reminder date. It shows on the Reminders screen along with the other system reminders.

If you wish to use the Reminder Date to trigger the schedule’s billing record to be included in the next billing session (on the Billing Review screen), you would choose this option above.

This turns on the special business rule. BillQuick now ignores the Services + Expenses calculation and pulls in the billing record from the project’s billing schedule.