Commitments

A commitment is the money that you designate to pay against a contract. The JD Edwards EnterpriseOne Subcontract Management system provides you with these features to make the work with contract commitments as efficient as possible:

Commitment Feature	Description
Automatic audit trails	You can maintain an audit trail for committed costs. You can access JD Edwards EnterpriseOne Accounts Payable and JD Edwards EnterpriseOne General Accounting systems for an audit trail of progress payments.
User-defined commitment distribution rules	You can set up the system for these commitment distribution purposes: To distribute commitments among multiple jobs within a contract. To establish user-defined cost types per contract type. To establish multiple account distributions per contract type. To track change order.
Tax capabilities	You can assess several taxes on progress payments, including: Sales Use Value added The JD Edwards EnterpriseOne Subcontract Management system also creates journal entries for the JD Edwards EnterpriseOne General Accounting and JD Edwards EnterpriseOne Job Cost systems and updates tax files.

Commitment Feature

Description

Automatic audit trails

You can maintain an audit trail for committed costs. You can access JD Edwards EnterpriseOne Accounts Payable and JD Edwards EnterpriseOne General Accounting systems for an audit trail of progress payments.

User-defined commitment distribution rules

You can set up the system for these commitment distribution purposes:

To distribute commitments among multiple jobs within a contract.
To establish user-defined cost types per contract type.
To establish multiple account distributions per contract type.
To track change order.

Tax capabilities

You can assess several taxes on progress payments, including:

Sales
Use
Value added

The JD Edwards EnterpriseOne Subcontract Management system also creates journal entries for the JD Edwards EnterpriseOne General Accounting and JD Edwards EnterpriseOne Job Cost systems and updates tax files.