How to correct costs on Key2Act jobs

To correct postings to jobs in Key2Act job cost you will use the GL General Journal entry. You can use this to add costs to jobs, transfer from one to another or to remove the cost from the job.

1) To add a cost to a job – When you get to the product indicator select job cost then the job and cost code. A debit will increase the cost to the job. You will then select unbilled for the second line and select the GL account that the transaction had been posted. Probably would be a cost of goods sold or subcontractor.

2) To transfer a cost from one job to another – When you get to the product indicator select job cost then the job and cost code. Enter a credit transaction to reduce from a job. Then on the second line on the product indicator select job cost then job and cost code. Then enter a debit balance. This will add the cost to this job.

3) To reduce a cost to a job – When you get to the product indicator select job cost then the job and cost code. A credit will decrease the cost to the job. You will then select unbilled for the second line and select the GL account that the transaction had been posted. Probably would be a cost of goods sold or subcontractor.

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