Intercompany Bill (Report)
The Intercompany Bill report (also known as an intercompany invoice) itemizes work performed by one company (working) on another company's (owning) project and the sum due for that work. The billing calculations are controlled by the intercompany settings terms established for those companies.
The bill report has a general structure of a cover page section and a backup section. The cover page section contains high-level information, which includes company information (name and billing address), project and invoice information, and a summary of billing charges, billing adjustments (e.g. surcharges, retainage and taxes) and net amount due. The backup contains detail of the billing charges. The structure of the backup is defined in the bill format.
For information about the logo and remit image used in the report, see Bill Remit Routing.
For a compilation of sample bills, see Sample Bills.