Posting Job Labor
- Approve Timecards: posts applied to labor and burden based on job type GL selections
- Recognize revenue: posts expense based on Timecard Cost Code GL selection
Approve Timecards
*Timecards must be marked as ‘Approved’ to post as a cost on the job.
|
GL Account |
Debit |
Credit |
Journal |
|
Jobs in Progress |
XXX |
|
Job Journal |
|
Applied Direct Labor |
|
XXX |
Job Journal |
|
Applied Labor Burden |
|
XXX |
Job Journal |
Percent Complete Revenue Recognition
|
GL Account |
Debit |
Credit |
Journal |
|
Jobs in Progress (Profit) |
XXX |
|
Job Journal |
|
Job Revenue |
|
XXX |
Job Journal |
|
Timecard Expense |
XXX |
|
Job Journal |