Write-Off Costs

When you save a JC cost write-off transaction (for an input based, fixed charge, or schedule-based job type), these general ledger updates occur:

(a)	If the JC Module Control option Use COS Journals is selected for the job type: Debit - COS account specified for the JC activity code of the original cost. Credit - WIP account specified for the JC activity code of the original cost.

(b)

If the JC Module Control option Use COS Journals is not selected for the job type, a general ledger journal will not be created. However, the WIP value displayed in the Job Summary totals is updated (reduced) by the value of the written-off cost(s). This makes reconciliation using reports easier when creating journals.

If the accounts contain wildcards, the job cost hierarchy for account determination applies:

JCActivityCode.Account (WIP/Credit/COS)
MyJob.myProfitCentre.glAccount
GLControl.suspense