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Time billing | Resource billed at wrong rate - Correction

edited Nov 28, 2019 12:24PM in Accounting / ERP

Using projects, charge based billing - This particular project is invoicing and revenue rec on time, using Time Based Rules, with resources & assigned billing rates.

A resource was assigned an incorrect rate, and we have already billed his time for June. We now obviously need to correct, but I am unsure how the system will function if we credit that invoice. Will the Credit show his time as billable again? I am thinking it will not, and we should just create a one time Fixed Fee rule to re-bill / recognize revenue - but wanted to see if anyone could answer?

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