Click this button to open a Detail screen where you can enter details for revised estimates. For more information, see Detail Revise Estimates Screen.
Enter a description for the transaction.
Enter a reference for the transaction.
To select an existing transaction, enter its number. When entering a new transaction, accept ***NEW*** to allow the program to assign a unique number to the transaction (based on settings on the PJC Options screen).
Transactions can have the following statuses:
- New. When you are entering a new transaction, accept this default status.
- Entered. When you add a transaction, its status changes from New to Entered.
- Approved. When you finish entering information for a transaction, you can change its status to Approved, indicating that it can be posted.
- Posted. When you post a transaction, its status changes to Posted.
This field displays the total revenue (in the customer's currency) for all details on the estimate, using information from the Total Revenue field on the Detail Revise Estimates screen.
This field displays the total cost for all details on the estimate, using information from the Total Cost field on the Detail Revise Estimates screen.
This field displays the total quantity for all details on the estimate, using information from the Quantity field on the Detail Revise Estimates screen.
Enter the date when you are processing the transaction. (The session date is used by default, but you can change it.)
Note: Depending on the Default Posting Date setting on the Transactions tab of the PJC Options screen, the date in this field may be used as the default posting date.
This field displays the year and period that contains the posting date. The posting date is set by default as either the session date or the transaction date, depending on the Default Posting Date setting on the Transactions tab of the PJC Options screen.
You can change the default posting date using the Posting Date Override screen, which you open by clicking the button beside the Year/Period field.
Note: If you consolidate G/L transactions by Account and Fiscal Period or by Account, Fiscal Period, and Source, the posting date for consolidated entries is the last date of the fiscal period.
Overview
If you have a project for which you've recorded transactions, and your customer approves changes to estimates for the project, use the PJC Revise Estimates screen to enter the changes.
Note: You can change estimates using the Contract Maintenance screen, but only for projects that have an Estimate status. If you have a project with a different status, and you have not yet recorded any transactions for the project, you can revert the status of the project to Estimate.
The Revise Estimates screen lets you:
- Adjust the price of an open fixed price project.
- Adjust the estimate for an existing project category (on a basic project).
- Adjust the cost plus percentage, markup percentage, overhead rate (or percentage), and labor rate (or percentage) for an existing project category.
- Adjust the estimate for an existing resource category (on a standard project).
- Assign new categories and resources to open projects.
For standard projects, you must post a revise estimate transaction to assign the category and then post a separate revise estimate transaction to assign a resource that will use the new category.
- Change the billing type for any project.
- Edit the description for any project or category.