This course is intended for any users of the PowerPlan Reimbursables and Refunds who need to reach an in-depth level of understanding of the module. Participants will see how the Reimbursable module is configured and how it links to transactions in the Charge Repository (CR) and to Projects (CWIP), and how these transactions are used to create Bills for customers. The course will demonstrate how to update various tables that are used in creating Bills, including Reimbursable Types, Customer, Work Order, Class Codes and Methods. We will then cover the additional data and processing required for Refunds, including Refund Types, Rates, Premises, Statistics, and Schedules. We finish up with a step-by-step discussion of the PowerPlan Monthly Processing for Refunds and Reimbursables.
Topics:
- Navigation
- Billing Group Details
- Search for Billing Groups and Work Orders
- Reimbursable Estimates
- Reimbursable Charges
- Reimbursable Billable
- Reimbursable Controls
- Refund Controls
- Refund Details
- Monthly (Mass) Processes
- Exercises
Objectives:
At the end of this course, you will be able to:
- Describe the concepts of Reimbursable Type, Customers, Class Codes, and Methods.
- Explain how to link a Billing Group to a Work Order and pull either Estimates or Charges from that Work Order.
- Explain how Bills are created, how to create Adjustments, and how to void a previously approved Bill.
- Explain how to create Schedules and update Rates, Premises, and Statistics for use in Refunds.
- Describe each step of the PowerPlan monthly process for Reimbursables and Refunds Works, how to filter to exclude Bills and Refunds from the process, as well as how to update Refund Penalties.
- Demonstrate the ability to use and print Billing Reports and Queries to review Reimbursables, so they can be attached to the Invoice or saved for backup.
Intended Audience:
New and Intermediate reimbursables and refunds users of those wishing a refresher.
Additional Information:
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Live or Group Internet Based
CPE: 6 (Accounting)
