Hello Vamsi
Please chech this scenarion in BAiO You can find process document and Config doc at the link
//Håkan
Project with Fixed Price and T&M Billing
This business scenario addresses the typical business processes of an engineering or industrial design company. An agreement with a customer for a design project requires a down payment and billing based on performance of defined milestones. The design company sets up a project structure and assigns employees to specific activities based on skill sets and availability. The project is automatically created from the contract using a pre-defined project structure template.
Process Flow
This scenario consists of the following steps:
Creating a quotation
Creating a customer contract
Maintaining realization % on contract line
Generating the settlement rule
Changing the project
Planning cost elements or activity inputs
Time recording
Travel management
Creating the fixed price billing document
Creating a resource-related billing request
Creating the invoice for the billing memo request
Period-end closing projects
Key Points
Contract management
Project management
Cross-Application Time Sheet
Fixed price billing
Resource-related billing
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