Record costs incurred for a project

How to increase or reduce the actual cost of a project in Sage 50 Accounts Professional.

Increase the actual cost of a project

The following processes increase the actual cost of a project:

• Enter a purchase invoice and specify a Project Ref and Cost Code
• Enter a bank payment and specify a Project Ref and Cost Code
• Issue stock that is allocated to the project using Products > Allocate > Issue Allocations
• Enter a stock adjustment out (AO) and specify a Project Ref and Cost Code
• Update a purchase order and specify a Project Ref and Cost Code
  

   NOTE: Only enter a Project Ref and Cost Code when updating non-stock or service items.

• Enter a project charge (CD) using Projects > Charges

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Reduce the actual cost of a project

The following processes reduce the actual cost of a project:

• Enter a purchase credit and specify a Project Ref and Cost Code
• Enter a stock adjustment in (AI) and specify a Project Ref and Cost Code
• Enter a project credit (CC) using Projects > Credits