Setup Service Project Classes
Video
Procedure
- Navigate to Settings / Project Classes
- Enter information for the Project Class
- 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