peachtree-software peachtree complete accounting 7.0 Guía De Instalación Rápida
Lesson X—Time & Billing
What Happens Next?
211
What Happens Next?
Once the tickets or reimbursable expenses are applied to a sales invoice,
they will no longer be available for creating a new sales invoice. If the
customer ever calls to question an invoiced amount, the ticket and the
reimbursable expense items used display as line items in the sales
invoice. You can refer to reports for detailed information on all the
tickets that have been applied to this particular invoice.
they will no longer be available for creating a new sales invoice. If the
customer ever calls to question an invoiced amount, the ticket and the
reimbursable expense items used display as line items in the sales
invoice. You can refer to reports for detailed information on all the
tickets that have been applied to this particular invoice.
That’s it. Now you should have a basic understanding of how Peachtree
uses Time & Billing to manage time and expenses, whether for a
customer, for a job, or for administrative purposes.
uses Time & Billing to manage time and expenses, whether for a
customer, for a job, or for administrative purposes.
Review of Lesson IX
Let’s review some of the things we learned in this lesson:
•
Time & Billing is a process which uses time and expense tickets to
track time spent on various activities and record the use of company
resources on behalf of a customer or job. If you choose, recorded
time tickets and expense tickets can later be billed to customers on
sales invoices. If you use payroll, time tickets can be applied to an
employee’s paycheck. Time & Billing can also be used to effectively
manage administrative activities and overhead expenses for your
business.
track time spent on various activities and record the use of company
resources on behalf of a customer or job. If you choose, recorded
time tickets and expense tickets can later be billed to customers on
sales invoices. If you use payroll, time tickets can be applied to an
employee’s paycheck. Time & Billing can also be used to effectively
manage administrative activities and overhead expenses for your
business.
•
Either employees or vendors (contract labor) can record time tickets
and expense tickets.
and expense tickets.
•
Time & Billing uses two special item classes in inventory: activity
items (used in time tickets) and charge items (used in expense
tickets).
items (used in time tickets) and charge items (used in expense
tickets).
•
Activity items are used to explain what is being recorded on
employee or vendor time tickets. These items indicate how time is
spent when performing services for a customer, for a job, or for
internal administrative work. Billable activity items can later be
applied to customer invoices and even written up to record a profit.
employee or vendor time tickets. These items indicate how time is
spent when performing services for a customer, for a job, or for
internal administrative work. Billable activity items can later be
applied to customer invoices and even written up to record a profit.
•
Charge items are expense items that are recorded by an employee or
vendor when various services are performed for a customer or job.
Charge items are also used to record administrative use of materials
or resources within the company and even employee out-of-pocket
expenses. Billable charge items can later be written up and applied to
customer invoices.
vendor when various services are performed for a customer or job.
Charge items are also used to record administrative use of materials
or resources within the company and even employee out-of-pocket
expenses. Billable charge items can later be written up and applied to
customer invoices.
•
You can enter time-ticket durations manually or have Peachtree use a
timer to actively clock the duration. You can only have one timer
running on a computer or network workstation at one time.
timer to actively clock the duration. You can only have one timer
running on a computer or network workstation at one time.