Project Postings
Project Postings in the General Ledger submodule in the Finance & Administration module accounts for the majority of all journal entries (project postings) to the general ledger. These entries include vouchers, time entries, materials, WIP adjustments, sales invoices, job closures, and Cross-Company creditor invoices.
Project Postings enables you to book your transactions into the general ledger. Job transactions that are Ready for Booking, Status-50, automatically go to Project Posting for booking.
Within Project Postings, you can view transactions up to a specific date, filter for a particular job, and show or hide values.
To use Project Postings, you must have access to Finance & Administration as defined in User Access Rights under Settings.
The Project Posting Grids
Project Postings provides two grids. The top grid enables you to book transactions to the general ledger. It also displays the various journal types, along with the total cost price, total sales price, total WIP value, first and last dates, and number of unapproved records and open entries for each transaction type.
By default, the bottom grid displays all entries for each transaction type that are ready for booking. For example, if you select Time Entries in the top grid, the bottom grid displays the hours spent by each employee for each job and client, the type of activity, and the posting date, entry date, cost price, sales price, cost price total, sales price total, and WIP value.
The bottom grid also enables you to perform the following tasks:
- Change the booking date
- Use the entry dates as booking dates
- View posting suggestions.
- View posting suggestion summaries.
- View open entries that are not ready for booking.