Projects Accounting Preferences

The following preferences are available on the Projects subtab of the Accounting Preferences page:

Field	Description
Percent Complete Denominator	If your company uses Planned Work, select how you want your denominator determined for project percent complete calculations. For more information, see Planned Work.
Budget Categories	These preferences affect the level of granularity available to set project budgets for Labor, Expenses and Suppliers. All 'Other' budget is grouped in one category which are all costs/billing categories that are not included in Labor, Expenses or Supplier.
Post Time	Check each box to set a company-wide preference for grouping journal entries by project, employee, class, department, or location when posting time for Job Costing.

Note:

You must enable the Planned Work and Job Costing and Project Budgeting features to see the Projects tab.

To set project budgeting preferences:

1. Under Labor, select how you want labor categories to appear on project budgets:

   • Group all service items into one ‘Labor’ category – Select this option to group all costs and charges for work performed on projects in a single category.

   • Show all service items as individual categories – Select this option to show each service item individually on project budgets. Each service item is shown on all project budgets regardless of value.

   • Show only selected service items as individual categories – Select this option to choose which service items you want shown as labor categories for project budgets. Press and hold the Ctrl key when selecting items to select multiple service items. Any costs or charges for services items not selected are recorded in the Labor: Other category.

2. Under Expenses, select how you want expense categories to appear on project budgets:

   • Group all expense categories into one ‘Expenses’ category – Select this option to group all costs and charges for expense on projects in a single category.

   • Show all expense categories as individual categories – Select this option to show each expense category individually on project budgets. Each expense category is shown on all project budgets regardless of value.

   • Show only selected expense categories as individual categories – Select this option to choose which expense categories you want shown as expenses for project budgets. Press and hold the Ctrl key when selecting items to select multiple expense categories. Any costs or charges for expense categories not selected are recorded in the Expenses: Other category.

3. Under Supplier, select how you want supplier categories to appear on project budgets:

   • Group all supplier items into one ‘Supplier’ category – Select this option to group all costs and charges for vendor supplied expenses on projects in a single category.

   • Show all supplier items as individual categories – Select this option to show each vendor supplied item individually on project budgets. Each supplier item is shown on all project budgets regardless of value.

   • Show only selected supplier items as individual categories – Select this option to choose which vendor supplied items you want shown as supplier categories for project budgets. Press and hold the Ctrl key when selecting items to select multiple supplier items. Any costs or chargers for supplier items not selected are recorded in the Supplier: Other category.

4. Click Save.

Related Topics:

General Accounting Preferences

Items/Transactions Accounting Preferences

Order Management Accounting Preferences

Time & Expenses Accounting Preferences

Approval Routing Accounting Preferences

Accounting Preferences

General Notices