Once the agreed upon fee has been set within the Budget & Fee section, the next step is to schedule out this invoicing during the lifetime of the project. The Schedule is a powerful tool which translates the information established in the Budget & Fee into a timeline to better understand the forecasted income for the company.
Let's consider how this can be done:
- After opening the project, navigate to the Schedule.
- Click on Income to expand the section. You will then be able to see the project stages.
- Now to schedule out the invoicing planned for a stage, hover in the respective row beneath the planned starting month. As soon as the shadow of a bubble appears, click down in the desired cross section.
- To schedule out the invoicing over multiple months, hover to the right of the bubble until the double-sided arrow appears. Now click and hold down while dragging it to encompass the additional months.
- Now, to equally spread the invoiceable amount over the established months, click on the first double-sided arrow to the right of the bubble. Alternatively, you can manually override these values by typing inside the text box for each month. Once you're satisfied with the spread, click Done.
- If necessary, you can click in the center of the scheduled entry and drag it to reflect a new starting date.
- Once you have scheduled out all resources on all the project stages, Save your changes.
We hope this article was helpful. If you have any questions, please do not hesitate to reach out to us. Our support team is always happy to help!