Enter, or click to select, a parameter ID of up to 15 alphanumeric characters. Choose characters for your parameter ID that help identify the type of selections you made on the screen, such as PERIOD or QUARTERLY.

When you save your record, all the selections made on the screen are stored with the parameter ID. Later, you can retrieve the parameter using Query.

You can use the parameter to run the process more efficiently because you can select the parameter ID with its previously defined screen selections. After the default selections display on the screen, you can override the defaults.

Enter, or click to select, a parameter description of up to 30 alphanumeric characters.

Enter, or click to select, a valid invoice ID. Note that this invoice ID is the company-wide invoice ID and not the project-specific bill number.

When you click , Costpoint provides a warning if more than one invoice has been found with the entered ID. This occurs if you have a bill that has been shared by multiple customers. All invoices with this invoice ID are reversed if you continue.

Concurrent processing is not allowed. In other words, one user cannot calculate a reversing bill while another user is calculating a standard bill for the same project. Costpoint can contain only one type of bill (standard or reversing) in the unposted bill files.

This program automatically generates a bill on the Manage Standard Bills screen that contains the same transactions from the original bill but with inverse amounts. These inverse transactions supporting the reverse bill are not in Open Billing Detail. You cannot modify reversing bills; you can only delete them. In addition, when you calculate reversing bills, Costpoint automatically assigned them a status of Void if they are not being rebilled or Reverse if the rebill option has been selected. You cannot modify this status on the Manage Standard Bills or Select Bills for Posting screen. Therefore, you cannot calculate a standard bill for this project until the reversing bill has been posted or deleted.

If you reverse a bill with the rebill option, the transactions are inserted from the original bill back into Open Billing Detail when the reversed bill is posted. You can combine these transactions with additional transactions to produce a revised bill. If you reverse a bill without the rebill option, an inverse bill is generated with no transactions inserted into Open Billing Detail. The sole purpose is to void the original bill.

Reversing bills carry the same invoice ID and bill number as the bill that they are reversing. When transactions that have been reversed are re-billed, the invoice ID and bill number on which they originally appeared are not re-used and should not be re-set.

Select this check box to rebill the transactions from the original bill. This means that the transactions from the original bill, including units, are inserted back into Open Billing Detail when the reverse bill is posted. Any new transactions that have been posted to Open Billing Detail, in addition to the original transactions, can be included on the rebill.

Use the check box to reverse a bill. If you do not select this check box, the bill is voided and the transactions cannot be billed again. If you select this check box, you can make adjustments to the bill and rebill.

If an iRAPT project invoice is reversed with the Rebill these transactions check box cleared, the invoice is voided. You cannot submit iRAPT files if the total invoice amount is less than zero. There is no need to redistribute any over ceiling or retainage amounts for this type of invoice.

If an iRAPT project invoice is reversed with the Rebill these transactions check box selected, the invoice is reversed. Again, you cannot submit iRAPT files if the total invoice amount is less than zero, so there is no need to redistribute any over ceiling or retainage amounts. Because the Rebill these transactions check box is selected, the invoice transactions are updated in Open Billing Detail when the reverse invoice is posted via the Post Standard Bills screen. You must use the Calculate Standard Bills screen to create the invoice again, at which time the WAWF_XXX fields are updated with any over ceiling and retainage amounts. You may need to modify the iRAPT file in order to submit an accurate net invoice amount. For example:

1. You post a standard invoice in the amount of $1,500.00.
2. You create an iRAPT file and submit it to the paying office.
3. The paying office disburses you a check/EFT for $1,500.00.
4. You determine there were costs on the invoice that should not have been invoiced and reverse the bill with the Rebill these transactions check box selected. This creates a -$1,500.00 receivable amount that cannot be transferred to the paying office because the total invoice amount is less than 0.00.
5. You place the transactions that should not have been billed on Hold and recalculate the invoice in the following period. This results in an invoice amount of $2,900.00 (new billable transactions exist in the following period).
6. You create an iRAPT file.
7. You modify the iRAPT file to net the total invoice amount to $1,400.00. The $1,400.00 represents the current invoice amount of $2,900.00 (includes transactions previously invoiced) minus the previously paid invoice of $1,500.00.

Select this check box to assign a new invoice ID to the reversing invoice. If you do not select this check box, Costpoint assigns the invoice number of the original bill to the reversing bill created by this process. 

If you choose to use the original invoice number in the reversing bill, Costpoint zeroes out the amounts in the BILL_INVC_HDR_HS table and the related transactional detail in the BILLING_DETL_HIST tables. This may cause a problem with the Create IWO Allocations screen because it relies on the BILLING_DETL_HIST table to obtain data for the inter-company work order (IWO) allocations. The IWO process incorporates the positive amounts in the calculation but do not have access to the negative amounts because Costpoint zeroes out the invoice amounts rather than creating negative values in the tables. If you are using the billing history tables for either one of these processes, select the Assign New Invoice ID check box.

This check box cannot be cleared for the following reasons:

• the invoice being reversed was posted in an already closed period, or
• the project is an inter-company project for which an IWO allocation must be created

If you attempt to clear this check box for any of the two conditions stated above, Costpoint displays an error message.

Select this check box to create net-zero cash receipts for old and new invoices.

This check box is enabled when both the Assign New Invoice ID check box and the Allow Cash Receipt Creation in Reverse Previous Bills check box on the Configure Billing Settings screen are selected. The actual net-zero cash receipt is created through the Post Standard Bills process.

You can create net-zero cash receipts for any standard bill that has been reversed except for those with other types such as Progress Payment (1443), Customer or Project Product Bills, Milestone/Percent Complete Bills, or Manual Bills.

Click to execute the reverse billings process.