Forecast Invoicing
With Conga Billing, you can now view forecasted and completed invoicing for specific accounts. Invoice Preview is a visual representation of forecasted invoicing with which you can see a comparison of the total number of invoices that are in one of the following states.
|
Invoice Status |
Description |
|---|---|
|
Invoiced |
When the order has been billed and you have sent the customer an invoice for that order. |
|
Pending Billing |
When you are yet to process the bill for the order. |
|
Pending Invoiced |
When your customer has been billed but you are yet to generate an Invoice for that order. The Invoice is in Draft stage and is usually waiting for approval. |
|
Pending Milestone |
When your customer account has a Billing Plan in which the completion of a pre-defined Milestone is yet to be completed. |
|
Superseded |
When you cancel or amend an order and replace one billing schedule with another. |
|
Cancelled |
When you cancel an order. You cannot generate invoices for canceled orders. |
The Invoice Preview feature is easy to use and understand feature that dynamically updates visual representation of the number of invoices for each account. You can view, analyze, and plan for your billing and Invoicing events using the Invoice Preview feature.
The following image illustrates an example of the Invoice Overview for an Account.
From the example illustrated above, you can see that the overview header displays the total value of Invoices in different states along with the Account total. Consider only the month of October 2015, for this account, you see that of a total of 540 orders, 83 are Pending Billing, 201 are Pending Invoicing, and 240 are Invoiced.
You must hover the cursor over the graph to view the exact number.
Such a comparison chart is displayed for one specific account. You can change the Product, Year, and Price Type in the Preview Filter and Billing automatically updates the visual representation to display the data you require.
