Recalculating Amounts in a Billing Event

If you change a timecardClosedA mechanism for logging time against a project or an assignment., milestoneClosedA fixed target, which when achieved, can be billed to the customer for a fixed fee or by logging time against it. or expenseClosedA record of expenses incurred by resources assigned to a project or opportunity. that you have already generated a billing eventClosedA means of generating billing information that can be fed into a financial system for, you can recalculate the amounts in the billing event as long as that billing event has not been released:

  1. Select the billing event that you want to recalculate the amounts for.
  2. Click Recalc.

The recalculation function corrects the description and amount in the Billing Event Item to sync with the change made to the timecard, milestone, or expense.