In Project, we have to select Billable Type & Invoiceable(%) for working invoicing factor.
In Task, Billable Type & Invoiceable(%) data will automatically filled based on the data which is assigned in project.
You can create the timesheet of the project and here you can select the Invoiceable(%) based on which Timesheet's calculated hours are computed & only that hours will be invoiced.
It's an Overview of project.It shows recorded hours for this project & as per recorded hours, it will display the cost & profit of the project.It shows invoiced,To Invoice,& Timesheet Cost to find Profitability and other data.