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In these cases, you use an event, rather than an expenditure item, to account for a bonus or other sum of money. An event is an entry assigned to a top task or project that generates revenue and/or billing activity, but is not directly related to any expenditure items.

You classify events by event type. When you define an event type, you assign it one of the predefined classifications. When you enter an event, its event type classification determines how the event affects revenue and billing for a particular project.

You can define as many event types as you need, but you cannot create additional classifications.

Defining Event Types

   To define an event type:

1. In the Event Types window, specify an event type, a description of the event, a revenue category, and a event type class.

2. Save your work.

See Also

Event Types Listing

Automatic Events