Billing Item Source

The Billing Item Source frame allows you to define who to bill and the sources of the revenue and expense accounts for each Billing Item for a particular Billing Code.

 

To edit the Billing Item Source information, enter a Billing Code or double click in the field to select one from the list of values (LOV). Press tab or enter to load the Billing Item list.

 

Department to Bill

 

The Department to Bill column determines whose billing report the charge will be applied. The choices are: Don't Bill, Using Department, Owning Department, and Chargebacks. See the Billing Charge Back frame for more information about the 'Chargebacks' option.

 

The Don't Bill option is a way to avoid billing charges altogether for an item that is to be billed for some billing codes but not others, such as REPL FUND.

 

Revenue and Expense Account Source

 

M5 refers to the Direct Account that receives the billed money the "Revenue Account" and the account that pays the money the "Expense Account". Typically, the revenue account is the credit side of the transaction where the expense account is the debit side.

 

Accounts are completely optional. Even if no accounts are setup, the transaction will still bill. Failure to setup an account will never prevent a transaction from billing.

 

This frame tells M5 where to find a given account number for a given billing item transaction.

 

 

See also:

Billing Application User Training Guide

 

 

Last Update: 06/16/2016

 

 

NOTE: To view a list of System Flags and Role Privileges that may impact this screen, hover over the screen title in M5 to display the bubble help/tooltip. At the bottom of the bubble help/tool tip, there is a Settings hyperlink. Click that hyperlink to display the list of flags and privileges.

 

Additional training and technical documents on this subject may be available in the Resource Files area.