Enter Beginning Balances for a Job

You can enter beginning balance information for jobs, phases, and cost codes. You can make entries by phase and/or cost code, or simply enter one figure for the job's beginning balance if the job does not use phases. The entries you need to make will depend on how you set up the job.

To enter beginning balances, do the following:

1. Open the Jobs Beginning Balances window. How do I do that?

1. Click the Jobsnavigation aid on the Customers & Sales Navigation Center and select New Job.
2. Enter or select the job ID. If you don't select a job here, you can select one on the Job Balances tab of the Job Beginning Balances window.
3. On the General tab, select the Job Beginning Balances button.

2. If you didn't select a job on the Maintain Jobs window, select a job on the Job Balances tab.
3. Select the Job Entries for tab to make the detail entries for a specific job. If the job does not use phases or cost codes, you will skip over those columns.
4. If you used a phase ID that uses cost codes, you must also enter a cost code.
5. Enter the beginning date for the job beginning balance amount. You can enter multiple balances for each job.
6. Enter an amount for the expenses or an amount for the revenues. This figure should be the net balance between what you have spent and earned on the job. You can't enter an amount for an expense and an amount for a revenue on the same line.
7. To enter beginning balances for additional jobs, select the Job Balances tab. Select a job and select the Purchases from tab.
8. When you are finished, select the Save button, and close the window.

What do you want to do next?

• Set up a job
• Enter estimated job expenses and revenue
• Print an estimate
• Perform other job costing tasks
• Read the job setup overview

Published: March 21, 2017
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