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Workspace PS Web App & Platform
Categories Budget & Cost Management
Created by Ricci Stevens
Created on Dec 15, 2021

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Contract Value on Contract Invoices

The Contract Value on Contract Invoices should not include Change Orders that have not been approved or that happened after the billing period of the invoice.

You can't bill for future work and yet ProjectSight is reflecting the value of future work by adding change orders into the current contract value in the contract invoice form.

Example:

* An SCO for Contract ABC is created on 12/04/21 and sent out for signatures
* On 12/05/21 a Contract Inovice for Contract ABC is received for Cost Period 2021-11 and entered into the system

** The Contract Invoice 'Current Contract Value' reflects the SCO even though it is not linked to the Contract Invoice and occurs in the cost period following the Contract Invoice

Can adjustments please be made to reflect the real-world scenarios that happen on a project?

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