Progress Billing: Generated Transactions

This topic describes the transactions that are related to progress billing.

Transactions Related to Progress Billing

The release of a pro forma invoice does not generate general ledger transactions or project transactions directly. When you release the pro forma invoice, the system creates a corresponding accounts receivable invoice with all the information copied from the pro forma invoice. On release of the accounts receivable invoice, the system generates the general ledger transactions and project transactions. For more information about these transactions, see Pro Forma Invoices: Generated Transactions.