peachtree-software peachtree complete accounting 7.0 Quick Setup Guide
Lesson VIII—Job Costing
Setting Up a Job
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18 Select the Custom Fields tab.
These field labels are established in the Job Defaults window. (From the
Maintain menu, select Default Information, and then Jobs.) You could
enter unique information that applies to this job. For tutorial purposes,
we will not change these fields.
Maintain menu, select Default Information, and then Jobs.) You could
enter unique information that applies to this job. For tutorial purposes,
we will not change these fields.
19 Select the Estimated Exp./Rev. tab. Enter the estimates similar to the
following:
20 Select Save to establish the new job, and then close the Maintain Jobs
window.
Job Beginning Balances
If you are setting up your company, you may have jobs already in progress.
When you start to use Peachtree Accounting, you will need to enter beginning
balances for those jobs. You can break down revenue and expenses by phase
code and cost code. All of this information is valuable in establishing accurate
up-to-date balances in the job ledger. None of the information entered in the
Job Beginning Balances window is recorded to the General Ledger.
When you start to use Peachtree Accounting, you will need to enter beginning
balances for those jobs. You can break down revenue and expenses by phase
code and cost code. All of this information is valuable in establishing accurate
up-to-date balances in the job ledger. None of the information entered in the
Job Beginning Balances window is recorded to the General Ledger.
Since this is a new job, we can skip this. For more information on job
beginning balances, refer to the “Job Costing” chapter in the User’s Guide.
beginning balances, refer to the “Job Costing” chapter in the User’s Guide.
Now we’re ready to apply some transactions to this job.