Setting Up JC Contracts

JC Contracts holds the contract header and Items (schedule of values) used for revenue and billing.

Before you start

• JC Departments exist for cost/revenue posting.
• Customer exists in AR if you will invoice.

Steps

1. Open JC Contracts.
2. Enter a description.
3. Assign a department for revenue and cost posting.
4. Assign a customer if invoices will be entered.
5. Set payment terms and a contract start month (controls WIP reporting appearance).
6. On Items, add schedule-of-values lines: description, lump sum amount, bill description, department (if needed), and bill type.
7. Save.

Notes

• Keep bill description aligned with the item description for clear invoices.