ams.erp supports all billing procedures required for made-to-order manufacturing and customized service management in your company:

• Billing by delivery progress
• Time and materials billing taking into account down payments
• Billing using down payments/budget billing payments with partial final and final invoices

All payment dates are included in a central payment plan that is used by ams.erp for managing the complete follow-up. Invoicing transfers billing data to ams.finance, which monitors the open items and incoming payments. With every (partial) final invoice, ams.erp updates the semi-finished stock (WIP, Work in Process) and ensures a loss-free evaluation.

Once the final invoice exists, ams.erp closes the order and creates reserves. Follow-up costs and warranty expenses are recorded using a cost collector and the reserves are reduced accordingly. The follow-up costs are also included in the final costing created by ams.erp at project level.