In Versa, you can create a project to track your spending and revenue for a project. You will create a new project from the Projects, All Projects menu. You can define estimated revenue and expense for a project if you want to compare actual vs estimates. You can also enter the estimated starting date and finish date.
Project has statuses that you can update as the project is progressing. The possible statutes are Scheduled Pending Start, In Process, Completed, Hold, and Cancelled.
Project can be referenced in Bill Item, Invoice Item, Sales Order Item, or Purchase Order Item. Make sure project list is visible for each of the item forms by turning on 'Show Link To Project' in Setup, UI/Feature Settings, Bills/Invoice/Sales Order.
Once the project is created, when you create a new transaction in Versa, you can link a line to the project.
To see all the related transactions for a project, you will go to the Projects menu and find the project under All Projects. All the related transactions will be listed under Revenue or Expense. The system calculates a profit based on the revenue and expense totals.
If you have already created a transaction but forgot to link it to a project, you can use the "link more transactions to project" area from the bottom of the project page to find the missed transactions and link it to the project.
When a project is finished, you can update the project to mark it as completed and enter the finish date.
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