A batch, or invoice batch, is a set of invoices that have been audited and are ready to post. You will use the Invoice screen in ServiceTitan to create invoice batches. On the Invoice screen, you'll have access to unbatched and batched invoices.
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Split determines how much credit each technician is getting for the job. For example: If two technicians perform work on a job, the split could be an even 50%-50%, or it could be 75%-25% if the first technician did a bulk of the work.
By default 100% of the technician split will go to the first technician assigned to the job.
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The calculation of actual costs (labor, materials, overhead) against revenue for each job to determine true profitability.
What it does: Shows which job types, technicians, or BUs are truly profitable after accounting for all costs, not just top-line revenue.
Also called: Job profitability, Cost tracking
Tags: Core
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Deferred revenue is used in accrual accounting to manage advanced payment for upcoming services. After accepting payment, you only recognize it as income upon delivery of services, when the revenue is earned. Memberships use deferred revenue to account for recurring services included with a membership.
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a.k.a. deferred income