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Job Cost Accrued Cost/Sales
Developer101
Member Posts: 552
Hello,
Has anyone used job module? I want to know or achieve a scenario to calculate Accrual costs or sales on a job and I am clueless doing that. In Nav help I get below descriptions. I do not understand how to achieve invoiced value of the job greater that posted usage to calculate Accrued cost? any ideas?
Sames goes for Accrued sales.
NAV HELP :-
Accrued Costs
This entry contains the cost amount to be accrued when the costs to recognize based on the invoiced value of the job, are greater than the cost of posted usage.
Accrued Sales
For the Sales value WIP method, this entry contains the sales amount to be accrued when the sales (or revenue) to recognize based on the cost completion for the job, is greater than the invoiced value of the job. For the Percentage of Completion WIP method, this entry contains the calculated total sales (or revenue) amount that can be recognized for the job.
Has anyone used job module? I want to know or achieve a scenario to calculate Accrual costs or sales on a job and I am clueless doing that. In Nav help I get below descriptions. I do not understand how to achieve invoiced value of the job greater that posted usage to calculate Accrued cost? any ideas?
Sames goes for Accrued sales.
NAV HELP :-
Accrued Costs
This entry contains the cost amount to be accrued when the costs to recognize based on the invoiced value of the job, are greater than the cost of posted usage.
Accrued Sales
For the Sales value WIP method, this entry contains the sales amount to be accrued when the sales (or revenue) to recognize based on the cost completion for the job, is greater than the invoiced value of the job. For the Percentage of Completion WIP method, this entry contains the calculated total sales (or revenue) amount that can be recognized for the job.
United Kingdom
0