Charge-Based Billing is the specific Oracle Project Management Cloud feature that enables invoicing customers based on actual incurred project costs. This billing method is designed to process transactions for labor (time), non-labor resources (items/materials), and other miscellaneous charges, including reimbursable expenses. It is the standard approach for Time and Materials (T&M) or cost-plus contracts, where invoices are generated from the actual costs posted to a project, often with markups or specific billing rates applied.

B. Expense Billing: This is too narrow; it only addresses billing for expenses and does not encompass the other cost types mentioned, such as time and items.

C. Bill Costs to Customers: This is a general description of the business process, not the specific name of the feature or billing method within the Oracle application.

D. Billing Operations: This refers to a broad functional area or a set of tasks related to managing the entire billing lifecycle, not a specific feature for invoicing incurred costs.

1. Oracle® Fusion Cloud Project Management

Using Project Billing

Release 24B

F81511-01

Chapter 2 "Overview of Project Contract Billing"

Section "How As-Incurred Billing Works".

This section explains the core concept: "Use as-incurred billing to invoice customers for project costs as they are incurred." Charge-based billing is a primary type of as-incurred billing that processes costs from various sources like time

expenses

and usage.

2. Oracle® Fusion Cloud Project Management

Implementing Project Financial Management and Grants Management

Release 24B

F81509-01

Chapter 10 "Define Project Billing"

Section "Project Billing Options".

This chapter details the setup for various billing methods. It describes how to configure the system to handle different types of charges (labor

non-labor

expenses) which are then processed through as-incurred billing methods like charge-based billing.