Sage 50 will bill based on a manually entered percentage for the estimated
job revenue. The Amount that is billed for any line item will be equal
to Estimated Revenue * Bill %. That is, the amount that will be billed
for a given job/phase/cost code will be equal to the value in the Bill
% field multiplied by the Estimated Revenues for that job/phase/cost code.
In this case, the Bill % will be the value you enter, either manually
or using the Select Percentage
to Bill window.
You can use the Bill button
on the toolbar during Select for Progress Billing to open the Select Percentage
to Bill window on which you can specify a percentage for all phases/cost
codes or to bill the remaining amounts for a job.
If you select an amount that will cause the Total % for any
line item to exceed 100%, you will receive a warning when you attempt
to save, print, or email the invoices (the Total % is equal to the Bill
% plus the % Previously Billed). You will be able to override the warning
and bill beyond 100% if you want.