![]() ![]() The balancing account to the WIP Job Sales Account, which is an income account. The balancing account to the WIP Invoiced Sales account, which is a contra income account. It is a balance sheet Unearned Revenue account. ![]() The account for the invoiced sales value of the WIP that is not able to be recognized. When a WIP adjustment requires you to increase the recognized revenue, you post to this account. The WIP account for the calculated sales value of the WIP, which is an accrued revenue account for your balance sheet. If left empty, the general ledger account entered on the job planning line is used. The sales account that will be used for general ledger expenses in job tasks with this posting group. The balancing account to the WIP Accrued Costs account, which is an expense account. When a WIP adjustment requires you to increase the usage costs that you post to your income statement, you post to this account.Ī balancing account to the WIP Costs Account, which is a contra for a negative expense account. This account is for accrued expense liability on your balance sheet. The WIP account for the calculated cost of the job WIP, which is a balance sheet capital asset account.Īn account for the Cost Value or Cost of Sales method of WIP calculation. You can enter up to 10 characters, including spaces. Choose the New action, and then fill in the fields as described in the following table.Īn identifier for the posting group.Choose the icon, enter Job Posting Groups, and then choose the related link.For more information, see Set Up or Change the Chart of Accounts. ![]() You must set up accounts in the chart of accounts before you set up posting groups. However, as you create tasks, you can override the default and select a posting group that is more appropriate. When you create a job, you specify a posting group, and by default, each task you create for the job is associated with that posting group. A posting group represents a link between the job and how it should be treated in the general ledger. To be able to post jobs, you set up accounts for posting for each job posting group. One aspect of planning jobs is deciding which posting accounts to use for job costing. ![]() Select the relevant job, and then choose the Sales Price Lists action.When you choose a general ledger account, job planning lines and job journals use the value in the Unit Price field for the general ledger job expense. The information in the Job Task No., Currency Code, Line Discount %, Unit Cost Factor, and Unit Cost fields will be used on the job planning lines and job journals when this general ledger account is entered and added to a job. To use the regular customer price, don't specify job item prices for the job. This price overrides the regular customer price (the "best price" mechanism) for items. The value in the Unit Price field for the item will be used on the job planning lines and job journals when this item is entered. The Job Task No., Currency Code, and Line Discount % fields. This price overrides prices specified on the Resource Price/Resource Group Prices page. The value in the Unit Price field for the resource is used on job planning lines and job journals when you enter a resource, or a resource assigned to the resource group. The Job Task No., Work Type, Currency Code, Line Discount %, and Unit Cost Factor fields. When you choose a resource, item, or general ledger account for a job, Business Central uses information in the optional fields on job planning lines and job journals. On the Job Resource Prices, Job Item Prices, or Job G/L Account Prices pages, fill in the fields as necessary.Select the job, and then choose the Resource, Item, or G/L Account action.Choose the icon, enter Jobs, and then choose the related link.The Remaining Quantity field on the job planning line shows what remains to transfer and post to the job journal. You can also set the quantity to transfer to the job journal. For example, you can set the quantity of the resource, item, or general ledger account. By default, the job planning line type is Budget, but using the line type Both Budget and Billable has similar effects.Īfter you set up usage tracking by turning on the Apply Usage Link by Default toggle, you can review information on the job planning line. The link lets you track your costs and understand how much work remains. To explore usage, you can create a link between your job planning lines and the actual usage. When you're working on a job, you might want to know how your usage is tracking against your plan. You can enable or disable job usage tracking for a specific job by turning the Apply Usage Link toggle on or off on the Job Card page. Turn on the toggle to apply this setting to all new jobs. The Apply Usage Link by Default toggle on the Jobs Setup page indicates whether job ledger entries are linked to job planning lines by default. ![]()
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