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Note. Any changes made on this form are applied immediately – you don't need to save them.

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The General Settings form

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If you need to use project management, select the Project Costing option. With this option selected, you will be able to create projects, enter budget estimates, monitor the project progress, compare the budgets to actual revenues and costs, and view the project profits or losses. For more information, refer to Project Costing.

Costs

Setting

Description

Calculate Material CostFor calculation of material costs for projects, you can select one of the following options:
  • On Purchase: To calculate material costs when the items are received to warehouses according to Invoices Received and Advance Reports.
  • On Usage: To calculate material costs only when the items are issued from warehouses according to Inventory Write Offs and Invoices.

Account for Project Material Costs

If you selected to calculate material costs on purchase, you can use these settings to indicate to the system how you want to be able to analyze the material costs; you can select any of the following check boxes:

By Business ActivityDefault Method of Project Estimate Calculation		You can select a method to be used by default for building a project budget:
  • Independent Calculation of Revenues and Costs: You will need to specify a particular business activity for each cost incurred for the project.By Departmentset estimates for costs and revenues associate with each Project or Project Task independently.
  • Calculation of Revenues Based on Costs: You will need to specify the department which is responsible for the incurred project percentage of markup to calculate revenues based on costs.
Enable Project TasksSelect this option to be able to create a task list for each project, set the planned dates for task execution, specify the actual execution dates, and analyze the Gantt charts.
Show Project Information in Document Printable TemplatesSelect this option to include projects into document templates so that  information on projects will be printed along with other information.

The Other section

This section includes the settings for configuring the functionality of different modules.

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