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Uninvoiced - what does that mean?

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      CommentAuthorMichael
    • CommentTimeFeb 6th 2008
     
    On the project dashboard and on the outstanding balance report there are references to uninvoiced, what does that mean?

    The uninvoiced line item shows the amount of billable work that has been done, but not yet invoiced. Think of it as a cue that a client may need to get invoiced for work performed. In this example:



    $18,253.13 worth of work has been done, a payment has been made for $5,528.13, an outstanding invoice exists for $10,350 and $2,375 worth of work has been done after sending the $10,350 invoice. $12,725 worth of work has been done that has not been paid for.

    We use the unvinvoiced information a few ways:
    1. It tells us that we may need to invoice our client again before their balance gets too large
    2. It tells us that we may want to stop work if it gets too large until the outstanding invoice is paid
    3. Generate invoices - we go to the outstanding balance report and click on the uninvoiced column to see who we needs to get invoiced
 

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