...

• Work in Progress Balances
• Statement of Work in Progress
• Costs of Completed Works
• Costs of Completed Works by Project

For details, refer to Accounting: Reports.

Issuing a final Invoice

When all phases are completed and all obligations are satisfied, you can issue an Invoice that would request payment for all the works within the contract or related to a project. In this invoice you can list the Works and Services involved in the last phase of contract completion and the associated costs. Also, you can include all the Phased Revenue Recognition documents related to the contract or project with all the details. The invoice will include the applicable VAT amounts.

...