Joint Interest Billing Features and Functions

• Allows user to control accounting periods


• Allows company to control accounting periods


• Allows accounting model to control accounting periods


• Allows JIB AR automated Receivable Accounts


• Allows JIB manual AR receivable accounts


• Remits to addresses


• Clearing accounts


• Defines credit terms for JIB


• Insider intercompany receivable


• Insider intercompany payable accounts


• Various system code designations journals


• Various system code designations A/P vouchers


• Various system code designation JIB entries


• Various system code destination cash receipts


• Processes account class in JIB


• Provides detail or summary reporting as a result of JIB distribution processing


• Cost type number


• Cost type number naming scheme


• Cost type number convention with description


• Books gross to JIB accounts number


• Books gross to JIB accounts name(s)


• *Cut-back account gens / subs with names


• Details billing categories for cost types/expense category elements


• Details expense categories for cost types/expense category elements


• Provides level of detail for the JIB cutback entry


• [Level of job processing output reports] Generates user-controlled JIB distribution and invoicing reports


• [Level of job processing output reports;] Generates user-controlled JIB distribution and invoicing reports on accounts


• [Level of job processing output reports;] Generates user-controlled JIB distribution and invoicing reports on overhead types


• Generates user-controlled data elements to the included expense allocation process


• Generates user-controlled data elements to the excluded expense allocation process


• Billing Decks


• Provides overhead rate information


• Permits company to record billable/nonbillable costs


• Permits company to record nonbillable costs


• Supports gross produce partner bills in multiple currencies


• Calculates cash calls to partners


• Supports net books, produce partner bills in multiple currencies


• Calculates cash calls to partners for netbooks in multiple currencies


• Controls changes to the program with user-maintained tables (meaning the ability to change accounts, hierarchy report levels, excluded criteria, etc., used in programs, can occur by the user instead of ITS personnel making the changes internally to the programs themselves?)