Project Maintenance—Project Tab
This tab lets you specify the following settings for a selected project:
- Project code and description.
- Customer's purchase order number.
- Project type.
- Cost Plus Percentage.
- Accounting method.
- Billing type.
- Billings, revenue, and (for some projects) the work in progress or cost of sales accounts.
- Set a default method for calculating costs and billing amounts on job related documents you process in Sage 300 Order Entry, if you use that program.
- Project status.
- Projected start and end dates, and current start and end dates.
Project and Job Costing also lets you automatically set the same start and end dates for all the project's resources and resource categories.
- Whether a project is closed to billings or to project costs.
- Retainage percentage and retention period to be used for customer invoices, debit notes, and credit notes if you use retainage accounting in Accounts Receivable.
Once you open a project for transactions, you can change only the following elements:
- Purchase order number
- Project status
- Current start and end dates
- General ledger accounts
- Whether a project is closed to billings or to project costs.
The tab also shows the date that a project was closed. The program automatically updates this field— you cannot change it.
For help on using another tab on the Project Maintenance screen, click a link below.