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If also the Phased Revenue Recognition functionality is used in your system and Use Phased Revenue Recognition option is selected on the Additional Information tab (as well as in the customer contract), you can bill the customer for the works performed to fulfill all your contract liabilities including the works recognized earlier and the works currently unrecognized and specify the related costs to be recognized by this invoice as well as costs recognized earlier.
The "Invoice (create)" form. The Inventory and Services (Works and Work Costs) tab
The Inventory and Services tab includes the following two panes:
- Inventory: With a list of inventory items, services, and items of Work type , and services that which were sold to the customer within the contract liabilities and whose revenues and costs were not completely recognized yet.
- Work Costs: On the on the WIP tab, with a list of work costs and work-in-progress costs that can be linked to work-type items and that were not yet recognized and, on from the Inventory pane and recognized as their costs. On the Costs Recognized for Earlier Periods tab, with a list of costs recognized earlier in the related Phased Revenue Recognition documents.
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To add new rows, use the Add or Pick buttons (refer to Using with the pick operation).
In the Item column, select an item from the Items list. Alternatively, you can import the list of items with all the details from an Excel document. For this, click the 
button on the table toolbar and follow the step-by-step instructions in the appeared window.
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- If the Prices Include VAT option is selected: Total = Amount.
- If the Prices Do Not Include VAT option is selected: Total = Amount + VAT_Amount.
The Total column shows the total amount that includes the revenue recognized in the Invoice and the revenues recognized earlier for the work in the Phased Revenue Recognition documents listed on the Contract Assets tab, and the corresponding VAT amounts.
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The Batch column indicates the batch if batches are used for the item.
The Serial Numbers column is populated with the serial numbers of the item's units according to the item quantity.
The Quantity column shows the quantity of the item.
The Unit Cost column shows the cost per UOM of the item.
The Amount (Accounting CurrCur.) column shows the cost amount calculated in the accounting currency.
The Amount (CurrCur.) column shows the cost amount calculated in the currency of the document.
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The tab shows the results of the previous phases of recognition (appears if you click Fill > Already Recognized Revenue and Costs on the upper pane toolbar).
The Phased Revenue Recognition "Invoice (create)" form. The Revenues Inventory and Costs Services tab. The Costs Recognized for Previous Phases subtab
The Project Task Document column shows the task to which the cost is related.
The Item column shows the Work item to which the cost is related.
The Characteristic column shows the characteristic of the work item to which the cost is related.
The Cost Object column shows the cost object to which the cost is relateda Phased Revenue Recognition document that is linked to the customer contract.
The Department column shows the department to which the document is linked.
The Expense item column shows the expense item to which the cost is related.
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The Unit Cost column shows the cost per unit associated with the cost object.
The Amount (Acct. CurrCur.) column shows the task to which the cost is related.
The Amount (CurrCur.) column shows the task to which the cost is related.
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