SedonaSetup Application Job Management Setup Tables/Options
Setup Processing Job Management - Field Definitions
Materials
Material WIP – Specify the G/L account that will be the default when creating Installation Companies.
Job COGS – Specify the G/L account to be used as the default on job types.
Approval Processing – Select this option only if you want to use Job Approvals on your job types.
Labor to G/L
Specify the G/L accounts that will be the default when creating new Installation Companies. There are two options for posting labor to the general ledger; expense at the time of entry or expense through work in process.
Expense at the time of Entry - If this option is selected, an expense of a certain dollar amount is debited and a liability is credited. Labor is both expensed and deferred to the G/L if using this method.
Expense Through WIP - If the decision is made to use a labor work in process account, then the application will use the G/L accounts specified to post the labor WIP transactions.
Overhead
Overhead consists of the operating expenses including the costs of rent, utilities, taxes etc. Overhead does not include commissions or materials. In SedonaOffice, overhead is based on labor applied to a job from a timesheet entry. You may use the overhead to credit and debit a particular G/L account. You may choose an overhead percentage rate or use a flat dollar amount. If selecting the percentage option, for each labor dollar expensed when a timesheet is entered, this percentage will be applied for overhead.
Commissions
Commissions are fees or percentages allowed to sales representatives or agents for services rendered to your company. Any employee of your company is allowed to receive commissions if commission rates have been setup in the employee setup table. If you choose not to track commissions as a part of Job Costing, make certain the Commissions to G/L box is left un-checked. If you choose to track commissions through job costing, you have options; expense the commission at the time of data entry or expense the commission through work in process.
Restrict Sales Month
The Restrict Sales Month option provides control over the month/year in which date may be entered as the sold date on a job. This allows you to capture accurate monthly sales data and not have it modified. Once the sales period is advanced to the next month, a user will not be allowed to enter a job with a date prior to the month that is set as the current sales month. If you decide to activate this option, select the current month/year in which you are doing business. When you are ready to move forward to the next business month, you will need to update this field. This option may be turned on or off at any time.