No. Billing Schedule Client shows planned production value and invoice amounts, including withheld amounts, to the client, compared with what has actually been posted. It is used as the basis for liquidity and the LPS calculation, but it does not change the final forecast, which is the cost side of the project.
What is the billing schedule used for?
See what remains to be invoiced, and when.
Compare planned invoicing with what has actually been posted.
Basis for the revenue side in Liquidity.
Basis for the LPS calculation on the revenue side.
What affects the final forecast?
The final forecast is affected by, among other things, purchases, change orders, expected additions, uncertainty and Setup and Operation, where closing months can change the forecast.
How to keep the schedule useful
Update the schedule in AIMZ every time you revise it internally, for example quarterly.
Link outgoing invoices to the billing schedule so that posted amounts are shown correctly.
Compare plan and posted amounts in the chart and table in Billing Schedule Client.
