Project and Job Costing Options — Settings Tab

Use the Settings tab to specify general settings for your Project and Job Costing system. This tab lets you specify:

Alternative names to use in place of the default level names (Contract, Project, and Category) and their plural forms.

Note that the initial letters of the new names are used as shortcut keys in the Contract Maintenance form.

The default accounting method, contract style, overhead type and rate (or percentage), labor type and rate (or percentage), to use in new contracts.
The default Accounts Receivable item number and unit of measure to use on item invoices that you generate in Project and Job Costing.
Whether to force listing of transactions before you can post transactions.
Whether to update budgets (in Budget Maintenance) whenever you process transactions.
Whether to use the payroll and employee expense accounts from PJC timecards or the accounts specified in the Payroll employee record when you update Canadian or US Payroll.
Whether to recognize only costs that have been billed using a billing worksheet when you recognize revenue for projects that use an item invoice type.
Whether to clear the billings account and work in progress account during revenue recognition or at project close for projects that use a percentage complete accounting method.
Five aging periods to classify information on reports.

Click one of the links below for information about another tab on the Options form: