Job Management

Job Management Overview (continued)

When a new job is created, two of the required fields on the first data entry form, Work Order; are Job Type and Install Company which will determine how a Job is processed and costed.

These two setup choices will determine the following major Job processing decisions:

·The method used for invoicing the customer

·Lump sum amount at the end of the job or progress invoicing.

·Invoice percentages of the total install charges at intermediate steps.

·The Cost of Goods Sold G/L accounts to be used.

·Whether Inventory Parts will be expensed when issued to the Job or will be posted to a WIP (work in process) account until the Job Invoices and/or is closed.

 Once all Job setups have been completed, it is a good idea to copy your live company into a Sandbox company to practice with your setup values.  This will give you the opportunity to create and process jobs of various types and follow the transactions through to the general ledger to validate whether your setup choices will produce the desired results.

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