Charges

The Charges form lets you apply fees and service charges for which you have not incurred a cost to the following types of projects:

• Time and materials projects.

• Fixed price projects that use the billings and costs or accrual-basis accounting method.

You can also use the form to trigger billings for these types of projects if customers are to make prepayments. (You would then use no-charge categories when you process cost transactions to avoid billing customers twice for the same work, and to itemize the actual costs on subsequent invoices.)

Note that because Charge transactions do not transfer actual costs or expenses to your projects, the Charges form does not provide fields for Work In Progress, Cost Of Sales, or an expense account.

To enter a charge transaction

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