Projects

Article Contents: This article covers how to create and edit projects/jobs, assign, add po commitments, and review spending using the project commitment report.

Project/Job codes can be added to track the expenses of a specific project and compare budget to spending. Once created, the Project can be selected in GL Distributions when entering invoices and in GL transactions when entering journals.

Step-By-Step:

Step 1: To add a new Project, go to System Setup – Accounts Payable Setup – Projects – New:

Step 2:  Add the Project ID, Project Code and Description. You can then add account numbers and budget amounts.

Step 3:  To edit an existing Project, click on the edit icon next to the Project ID.

By adding Projects you can also track the amount spent against a Purchase Order issued for a specific Job. To create a Project with Purchase Order Commitment, go to System Setup – Accounts Payable Setup – Projects/PO. Click on the edit icon for the Project to add to:

Step 4:  Enter the date, vendor, PO number, account, amount and reference.

The Commitment Report by Project in AP Reports can be run to review Project budgets, committed amounts, actual spending and variance. 

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• Projects/PO

  Article Contents: how to assign PO commitments to a project, edit commitments, and review project budgets and spending through the commitment report. Projects/PO allows you to track spending against Purchase Orders that are committed to a specific ...