Invoicing for Services

Invoice Adjustments allow the application of financial adjustments to invoices to account for things like taxes or fees.

Invoice adjustments fall into two categories: Tax adjustments, which are always a debit that is added to the invoice, and Non-tax adjustments, which can be either a debit or a credit to the invoice.

For example, CarryAll Consulting, a logistics service provider, uses invoice adjustments to include the tax rates for locations in which local governments charge taxes on contingent labor.

Invoice adjustments can be made for both contingent and services. It is likely, though, that the line items for services will differ and organization may want to invoice SOW data in a different file.

Configuring invoice adjustments for SOWs and SOW workers is different than configuring them for Contingent workers. Thus, the adjustments will need to be re-created to be used for services transactions.

Invoice Adjustments allow users to apply financial adjustments, like taxes or fees, to invoices. Invoice Adjustments for services differ from adjustments for the contingent module and must be created seprately.

Key Points:

• Types of Adjustments: Tax adjustments (always a debit) and Non-tax adjustments (can be a debit or credit).
• Adjustment Configuration: Different configurations for SOWs/workers versus Contingent workers.
• Configuration Steps: Select type and module (e.g., SOW Invoice Adjustment); define unit/value (percentage, flat fee, or calculated value); and apply to specific modules (e.g., time sheets, expenses, SOW characteristics).