---
title: "Create fixed-price projects"
description: "Create a project as in Create a project. In the Invoicing settings section, set the Allocation rule to Fixed price, percent complete. Set the Invoicing rule to Standard invoicing rule. On the Task tab, click to add a task called Contract price. Set the account group to Revenue. See Create a project task. Select the task line you created and click the View task button. The Project tasks (PM302000) window is displayed. In the Project tasks (PM302000) window, go to the Budget…"
lang: en
languages:
  en: https://docs.vismasoftware.no/visma-net-erp/help/project-accounting/manage-projects/create-fixed-price-projects/index.md
lastmod: 2026-02-23
---

> Documentation index: https://docs.vismasoftware.no/visma-net-erp/help/project-accounting/manage-projects/llms.txt


# Create fixed-price projects

Last modified February 23, 2026

> Create a project as in Create a project. In the Invoicing settings section, set the Allocation rule to Fixed price, percent complete. Set the Invoicing rule to Standard invoicing rule. On the Task tab, click to add a task called Contract price. Set the account group to Revenue. See Create a project task. Select the task line you created and click the View task button. The Project tasks (PM302000) window is displayed. In the Project tasks (PM302000) window, go to the Budget…


1. Create a project as in [Create a project](https://docs.vismasoftware.no/visma-net-erp/help/project-accounting/manage-projects/create-a-project/index.md).
1. In the **Invoicing settings** section, set the **Allocation rule** to **Fixed price, percent complete**.
1. Set the **Invoicing rule** to **Standard invoicing rule**.
1. On the **Task** tab, click ![icon-add](https://docs.vismasoftware.no/media/visma-net-erp/icon-add.png) to add a task called **Contract price**. Set the account group to **Revenue**. See [Create a project task.](https://docs.vismasoftware.no/visma-net-erp/help/project-accounting/manage-projects/create-a-project-task/index.md)
1. Select the task line you created and click the **View task** button. The [Project tasks (PM302000)](https://docs.vismasoftware.no/visma-net-erp/help/project-accounting/project-accounting-windows/project-tasks-pm302000/index.md) window is displayed.
1. In the [Project tasks (PM302000)](https://docs.vismasoftware.no/visma-net-erp/help/project-accounting/project-accounting-windows/project-tasks-pm302000/index.md) window, go to the **Budget** tab.
1. In the **Budget** column, enter the contract amount. For a project task of the labour category, select the **Production** check box. This is to measure the percentage that is complete on the amount of hours registered on a project, compared to the budget. If you cannot see the **Production** column in the table, click ![icon-adjust-table](https://docs.vismasoftware.no/media/visma-net-erp/icon-adjust-table.png) in the top left corner of the table and select the column header there.
1. On the **General settings** tab, set **Completion calculation method** to **Budgeted quantity** or **Budgeted amount**, so that the system will automatically calculate the percentage that is complete when a task is completed. You can also set this to **Manual**, which means that you have to enter the percentage manually per task. If you do that, update this percentage before the allocation process. The system uses this percentage to calculate earned revenue. You can also create a separate task for the contract amount and use this task to set the completion percentage (manually). This gives you the possibility to restrict the visibility of this task in other modules.
1. When you have registered the tasks you need, and given them all a budget, set the **Status** for each task line to **Active**.
1. Then set the **Status** for the project to **Active** and click ![icon-save](https://docs.vismasoftware.no/media/visma-net-erp/icon-save.png).

<h2>Related pages</h2><h3>Concepts</h3>
<ul><li><a href="/visma-net-erp/help/project-accounting/manage-allocations-and-invoicing-rules/about-allocating-transactions/index.md">About allocating transactions</a></li><li><a href="/visma-net-erp/help/project-accounting/manage-projects/about-the-calculation-of-task-completion-percentage/index.md">About the calculation of task completion percentage</a></li><li><a href="/visma-net-erp/help/project-accounting/manage-allocations-and-invoicing-rules/about-project-invoicing/index.md">About project invoicing</a></li><li><a href="/visma-net-erp/help/project-accounting/manage-projects/about-templates-for-projects-and-tasks/index.md">About templates for projects and tasks</a></li>
</ul><h3>Tasks</h3>
<ul><li><a href="/visma-net-erp/help/project-accounting/manage-projects/save-a-project-as-a-template/index.md">Save a project as a template</a></li><li><a href="/visma-net-erp/help/project-accounting/manage-projects/create-a-project/index.md">Create a project</a></li><li><a href="/visma-net-erp/help/project-accounting/manage-projects/create-a-project-template-task/index.md">Create a project template task</a></li><li><a href="/visma-net-erp/help/project-accounting/manage-projects/create-a-project-task/index.md">Create a project task</a></li>
</ul><h3>Windows</h3>
<ul><li><a href="/visma-net-erp/help/project-accounting/project-accounting-windows/projects-pm301000/index.md">Projects (PM301000)</a></li><li><a href="/visma-net-erp/help/project-accounting/project-accounting-windows/project-templates-pm208000/index.md">Project templates (PM208000)</a></li><li><a href="/visma-net-erp/help/project-accounting/project-accounting-windows/project-tasks-pm302000/index.md">Project tasks (PM302000)</a></li>
</ul>


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