Creditor purchases can be attached to a job. When activated, an invoice is created for the creditor and costs are updated into the Job Costing system. Attaching a job code to the invoice disables the ledger account and sets it to the Work in Progress account for the stage in that job code. The Charge amount is calculated on the Ex GST amount based on the mark-up for Creditor Purchases for the job. There is no posting for the Charges.
Example
| Ex GST | GST | Inc GST | Charge | |
|---|---|---|---|---|
| Creditor Invoice 1 | 2,300.00 | 230.00 | 2,530.00 | 2,650.00 |
| Creditor Invoice 2 | 1,500.00 | 150.00 | 1,650.00 | 1,800.00 |
| Totals | 3,800.00 | 380.00 | 4,180.00 | 4,450.00 |
Journal
| Ledger | BAS Code | Debit | Credit | Job Number |
|---|---|---|---|---|
| Work in Progress |
|
2,300.00 | xxx-xxx-xxx | |
| GST 11 - Purchases |
|
230.00 | xxx-xxx-xxx | |
| Creditor Value - from creditor record | 2,530.00 | xxx-xxx-xxx | ||
| Work In Progress |
|
1,500.00 | xxx-xxx-xxx | |
| GST 11 - Purchases |
|
150.00 | xxx-xxx-xxx | |
| Creditor Value - from creditor record | 1,650.00 | xxx-xxx-xxx | ||
| Totals | 4,180.00 | 4,180.00 |
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