Projects – Fixed Price Billing from Estimates: Journal Entries Configuration

The Journal Entries can be configured using the Job Costing Configuration Wizard

Navigate to the Wizard image009
Select the Journal Entries Configuration button image011
Enter the Description as Fixed Price
Set the Transaction Type to Work Order Estimates		 image001
Set the Debit Acct Group to WO Accounts
Do not set any Override Segments		 image003
Set the Credit Acct Group to (CREW) Crew Acct Group
Click the Override Segments… button		 image006
On the Override Credit Acct Segments Form
Set the Segment/Attribute Name to Acct Segment2
and Superseded by to (SYSTEM) Mntc Materials Cr Su…		 image008
There will be no Billing Exclusions so click the Next button image010
Only check the Base Cost checkbox and click the Next button image011
FACILITIES PLEASE DECIDE ON THIS SETTINGClick the Next button. image013

To verify that everything was set as necessary, click the View button and confirm that the Journal Entries Configuration is defined as:

image015

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