Managing JV & Subcontractor Invoicing

If you are managing a Joint Venture (JV), you likely need to process invoices from your partners into the JV. This allows the JV to pay its partners for the staff costs they have incurred.

The "Programme Cost" Contract

This process mirrors the client invoicing workflow but uses Cost Rates instead of Charge Rates.

1. Create a Programme Cost Contract: In your Finance Project, create a new contract of type Program Cost.

2. Assign the Supplier: Set the Supplier field to the JV Partner organization (e.g., "Partner Company A").

3. How it Filters:

   • When you view the invoice screen for this contract, UniPhi looks at all time booked to the project.

   • It automatically filters for only the staff members who belong to "Partner Company A" .

   • It calculates the value using their defined Cost Rates.

     
     

4. Generate the Invoice: Follow the same steps as above (Snapshot/Document) to generate the "Charge In" invoice for that partner.

   
   

You repeat this process for each JV partner or major subcontractor, creating a separate Program Cost Contract for each. This ensures that Partner A is only paid for Partner A's staff, and Partner B for Partner B's staff .