These are the default billing items you can set for each company.
Billing Email - this will not only flow onto new projects, it is also what will be used when generating company billing statements.
Billing Address - You may designate one address as the billing address. This will not only flow into new projects but also be used for company billing statements.
Billing Phone - You may designate one phone number as the billing phone. This will not only flow into new projects but also be used for company billing statements.
Billing Contact - You may designate one linked contact as the billing contact. This will not only flow into new projects but also be used for company billing statements.
When these items are set, they will flow into new projects under the billing group. This group consists of a company, a contact, an address, a phone, and an email.
When a new invoice is generated for a project, the project's billing information is populated into the invoice.
If you are issuing billing statements for companies with outstanding invoices, the company billing items will be used to address the statement. If there are no billing items for the company, the address information on the invoice will be used.