Setting up your invoicing processes, specifically to your company’s accounting cycle, is incredibly important. And with MediaOS , it's quick and easy! We give you the freedom and flexibility to determine when products are invoice-able-- setting rules that will automatically filter out any future line items that aren't ready to be invoiced. You can also manage your invoicing rules and enable efficiency for your entire accounting team.
Setting Invoicing Rules #
To set your invoicing rules, navigate to the Accounting section using the menu on the far left of the screen. Then, click on Billable Line Items in the top navigation bar. This page displays all products and services that are currently ready to be invoiced. To customize when and how these items become billable, select Manage Rules. On this page, you’ll see a list of all the products you currently sell in MediaOS. Here, you can set specific invoicing rules for each product by using the drop-down menu under the Invoice Handling column. There are several options for handling invoicing. Read on to learn more about them:
Do Not Invoice: #
By selecting this option, the product will not appear in the list of billable line items and will require a manual update later if you decide to invoice it
Immediately: #
This option will mark the product as ready for invoicing as soon as a contract containing it is won.
Days Before Display: #
This option allows you to set a specific number of days before the product’s release, delivery, start, or event date for invoicing to begin. All you need to do is enter the number of days in the corresponding Days column.
Days After Display: #
This option sets the product to be invoiced a certain number of days after its associated date.
Our flexible Invoicing Rules system helps ensure your invoicing process matches your operational and financial workflows. Take some time now to customize how and when each product becomes billable, and you'll maintain better control over cash flow while avoiding missed or premature invoices.
