How to create a GL posting for a Job Type

This posting type is created where multiple billing or revenue accounts are required to reflect the job types that the billings and/or revenue relate to.

A common use case example is where the agency wants to have separate billings and/or revenue accounts for fee and production jobs. They would create a Job Type posting record for both the Fee and Production job types.

Steps:

Navigate to ACCOUNTING > General Ledger > General Ledger Accounts.
Click on Posting GL Accounts.
Click the CREATE A NEW POSTING TO GL ACCOUNT.

Enter the following information

Posting Criteria	Description
Posting Type	Select Task Types.
Office	Select an office (only if this posting relates to a single office.
Job Type	Select a job type.

Billing Accounts	Description
Billing Acct	Billings on client invoices for the selected job type. For example, The tax-exclusive amount of a client job invoice line that is a time or internal (revenue) charge type is debited to this account, where the invoiced job’s job type matches this posting record.
Billing - Supplier Charger Acct	Billings on client invoices for the selected job type. For example, The tax-exclusive amount of a client job invoice line that is a supplier or (external) charge type is debited to this account, where the invoiced job’s job type matches this posting record.

Revenue & Expense Accounts	Description
Time Revenue Acct	Revenue related to time (e.g., fee) charges for the selected job type. For example, the amount of a client job invoice line that is a time (revenue) charge type (exclusive of tax, markup, or service fee) is credited to this account, where the invoiced job’s job type matches this posting record.
Internal Charge Revenue Account	Revenue related to internal charges (e.g., recoveries) for the selected. For example, The amount of a client job invoice line that is an internal (revenue) charge type (exclusive of tax, markup, or service fee) is credited to this account, where the invoiced job’s job type matches this posting record.
Mark Up Revenue Acct	Revenue related to markup (e.g., loadings on supplier charges) for the selected job type. For example, the amount of markup on a client job invoice line is credited to this account where the invoice job’s job type matches this posting record.
Service Fee Revenue Acct	Revenue related to service fee (e.g., a % based fee added to the line) charges for the selected job type. For example, the amount of service fee on a client job invoice line is credited to this account, where the invoiced job’s job type matches this posting record.

Sales/Cogs Accounts	Description
WIP Supplier Cost Acct	Cost of goods sold amounts for the selected job type. For example, a client invoice is raised to pass on a billable supplier cost to the client. The amount invoiced is debited to this account, where the invoiced job’s job type matches this posting record.
WIP Client Invoice Acct	Cost of goods sold amounts for the selected job type. For example, A client invoice is raised to pass on a billable supplier cost to the client. The amount invoiced is credited to this account, where the invoiced job’s job type matches this posting record.

Click SAVE or SAVE &. CLOSE.