Setup Service Project Classes

Video

Procedure

  1. Navigate to Settings /  Project Classes
  2. Enter information for the Project Class
  3. Click Save & Close

Class ID: Enter a unique Class ID

Support Class:

Service Project: Select Yes for a service project

Use Site Requirements: Select Yes to use site requirements (default No)

Manufacturing Project: Select No for a service project

Company: Select a company

Project Template: Select Template from list

Setup: Select a setup from the list

Description: Enter a description of project class

Accounting Method: Select When Performed or When Completed

Billing Type: Select Time and Material or Fixed Price

Billing Cycle: Select a billing cycle from the list

Recognition Cycle: Select a revenue recognition cycle

Perform is Billable Check: Select Yes or No

Is AIA Billing: Select Yes or No

SOV Generation Type: Select Scope or Billing Task

Bill On Complete: Select Yes or No

Percent Complete Calc: Select Standard or Forecasted

Retention %: Enter Retention percentage

Recognition %: Enter the Recognition percentage

GL Segments: Enter GL Segments for posting

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