You can access the Job Cost Settings in the Control Panel to set your preferences for Job Cost, Revenue, and Backlog reporting in projects.
To access the Job Cost Settings, click the following icon.
This will open the following form.
The following are the settings.
Setting | Description |
Job cost equipment and materials once an item is | Here, you will choose one of these four options to determine when the Actual Product Cost will be recognized: Installed (Date), Picked (Date), Received (Date), or Ordered (Date.) |
Round 'Project % Complete' to 100% for projects with a completed state | Here, you can choose whether to override the actual calculations for Project % Complete for projects assigned a Status with a State of "Complete."
The usual Project % Complete calculation is ([Actual Product Cost] + [Actual Labor Cost]) / ([Budgeted Product Cost] + [Budgeted Labor Cost].)
The default is No. |