Transfer T&M costs and markup to progress billing

Summary

Using 3-10 T&M Billing with 3-7 Progress Billing in Sage 100 Contractor.

Description

You want to create an invoice using T&M billing with cost-plus markup amounts, then bill by percentage complete (Progress Billing).

Resolution

  1. Set up the Time and Materials job.
  2. Enter the setup information for progress billing.
  3. Open 3-10-2 Compute T&M Invoices.
  4. Compute the time and materials invoice.
  5. Enter the correct date in the Cutoff Date field.
  6. Verify the calculation excludes job costs from previous billing periods.
  7. Don't post the T&M invoice in menu 3-10-4.
  8. Open 3-7 Progress Billing.
  9. Create the progress bill for the job.
  10. Don't calculate the progress bill yet.
  11. Select Update, Total Completed, From Billing Totals.
  12. Select Options, Calculate, and choose the calculation method.
  13. Review the transferred amounts in the Current Completed column.
  14. Calculate, review, and post the progress billing invoice.

How the transfer works

From Billing Totals, transfer costs and markup from 3-10-2 Compute T&M Invoices.

The amounts populate the Current Completed column in 3-7 Progress Billing.

The progress billing calculation uses these amounts to generate the invoice total.

Important considerations

  • Use the correct Cutoff Date to exclude costs from previous billing periods.
  • Don't calculate the progress bill before transferring the billing totals.
  • Don't post the T&M invoice in menu 3-10-4.
  • Review the transferred amounts before calculating and posting the progress bill.

Related Solutions

How to set up T&M (Time and Materials billing)

How do I create a progress billing application?

Solution Properties

Solution ID
231101232216583
Last Modified Date
Mon Nov 02 22:09:40 UTC 2026
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