This manual will explain additional options available for Contracting bases beside the default options of Project cost allocation i.e. Allocation of depreciation cost and Allocation of direct cost.
In this manual, will create an example with Allocation of depreciation cost option. Add the depreciation document which can be created manually or through month end closing procedure. Once basis is added, click on fill by basis option
All the fixed assets with amount of depreciation will appear in the Allocation of Depreciation cost tab, this data is automatically filled based on the basis document selected i.e. fixed assets depreciation document.
If time cards are created for the fixed assets during the same month or at the date of Project cost allocation, you can use the option Allocate by Time cards. Once clicked, system will check if there is time card for fixed assets, it will fill the table of allocation result based on time card document. For example-
In case, no time card is created, the project field will show not related to projects and user need to fill it manually.
Thanks for being FIRSTBIT Customer! #Project costing #contracting #Fixed asset