Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

  • The Enable the HR and Payroll Module option on the Administration > Settings > HR and Payroll form. You will be able to select employees as Cost Objects Elements and adjust the labor costs.
  • The Enable Fixed Asset Accounting option on the Administration > Settings > Asset Management form. You will be able to select fixed assets as Cost Objects Elements and adjust the depreciation costs.
  • The Enable Capital Improvements to Fixed Assets option on the Administration > Settings > Asset Management form. You will be able to use the Capital Improvements GL account for WIP costs adjustments.
  • The Enable Construction-in-Progress Accounting for Fixed Assets option on the Administration > Settings > Asset Management form. You will be able to use the Construction-in-Progress GL account for WIP costs adjustments.

Using documents of this type, you can manually close the WIP accounts by moving the WIP costs to the selected expense GL accounts, Construction in Progress and Capital Improvements GL accounts or in case of errors move the costs from one WIP account to another.

Image RemovedImage Added 
The list of WIP Cost Adjustments

...