Classifications are used to assign General Ledger account numbers to each stage attached to each Cost Centre on a job for journal entries when transactions are committed against Jobs.
| Field | Description |
|---|---|
| Description | Type in the description required for each classification. There must be at least one classification entry |
| WIP Expected Asset and Expected Liability | These accounts are used by Purchase Orders where job codes are attached at the line level of the purchase order. When stock is received/booked in then transactions raised by the purchase order are reversed |
| WIP Delivered Asset | This account is used by GRN's and Shipment Book-ins where stock is being receipted against job codes at the line level. Where the system configuration setting in Job Costing - ReceiveGoodsAgainstJobWIP is ticked this account is not used. The account used instead is that attached against Work In Progress - see below. |
| WIP Delivered Liability | This account is used by GRN's and Shipment Book-ins where stock is being receipted against job codes at the line level |
| Work In Progress | Used by Job Cost Entry, Time-sheet, Produce Finished Goods, sales order processing for a Job Invoice and GRN's/bookins where Job Costing - ReceiveGoodsAgainstJobWIP is ticked |
| Job Revenue | Used when processing a job invoice created under sales orders - income account |
| Job Cost of Goods | Used when processing a job invoice created under sales orders - costs of the job being invoiced |
| Timesheets | Cost recovery account when recording time against a job |
| Resources | Cost recovery account when recording resource costs against a job |
| Write On | Used when processing a job invoice created under sales orders and additional costs are being costed against the job |
| Write Off | Used when processing a job invoice created under sales orders and not all the accumulated costs are being costed against the job e.g. actual costs exceed quoted costs |
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