Edit Billing Periods

Using Owner or Specialty Contractor Terminology?

Procore can be configured to use terminology specific to General Contractors, Owners, or Specialty Contractors. Learn how to apply the dictionary options.

  • To learn the differences: Show/Hide

    • This table shows the differences in tool names (bold) and terms across the point-of-view dictionaries for Project Financials.

      General Contractors
      English (United States) - Default

      Owners
      English (Owner Terminology V2)

      Specialty Contractors
      English (Specialty Contractor Terminology)

      Invoicing

      Invoicing

      Progress Billings

      Owner

      Funding

      Owner

      Owner/Client

      Owner/Client

      GC/Client

      Prime Contract Change Order

      Funding Change Order

      Client Contract Change Order

      Prime Contracts

      Funding

      Client Contracts

      Revenue

      Funding

      Revenue

      Subcontract

      Contract

      Subcontract

      Subcontractor

      Contractor

      Subcontractor

      Subcontractor Schedule of Values (SSOV)

      Contractor Schedule of Values (CSOV)

      Subcontractor Schedule of Values (SSOV)

      About These Dictionaries

      • Default Setting: The 'General Contractor' dictionary is enabled by default for all accounts.

      • Availability: These alternate dictionaries in italics are available in US English only.

      How to Switch Your Dictionary

      To change your company's terminology to the Owner or Specialty Contractor dictionary, contact your company's . They will work with your Procore Point of Contact to make the change.

Background

Only an invoice administrator can edit billing periods. Only one billing period can be Open in Procore at any given time.

 Caution

Thinking about deleting a billing period? For successful invoice backups, keep all previously invoiced billing periods in the 'Billing Periods' table in the Closed status. Never delete a billing period after it's linked to an invoice. See Compile Invoice Backups.

Things to Consider

  • Required User Permissions

  • Additional Information:

    • Only one (1) billing period can be Open in Procore at any given time.

    • Every billing period you create must have a unique date range. Duplicate billing periods are not permitted.

    • The billing period on a new invoice always corresponds to the dates on the Open billing period.

    • For successful invoice backups, keep all previously invoiced billing periods in the 'Billing Periods' table in the Closed status. Never delete a billing period after it's linked to an invoice. See Compile Subcontractor Invoice Backups with the Invoicing Tool.

Prerequisites

Steps

  1. Navigate to the project's Invoicing tool.

  2. Click the Billing Periods tab.
    The table contains all previously created billing periods.

  3. Locate the billing period to edit.

  4. Click each field for that period to edit the entry:

    • From. Select a start date using the calendar.

    • To. Select an end date using the calendar.

    • Due Date. Select the due date using the calendar.

       Notes

    • Status. Choose Open or Closed from the drop-down list. Procore only allows one (1) Open period at any given time.

  5. Click an area outside each field to save your changes.

     Caution

    Thinking about deleting a billing period? For successful invoice backups, keep all previously invoiced billing periods in the 'Billing Periods' table in the Closed status. Never delete a billing period after it's linked to an invoice. See Compile Invoice Backups.

Next Step

See Also

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