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Company Profile and Codes

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  • The accounts in the chart of accounts inform Time where to post work in process and accounts receivable amounts. Whenever, you create a time entry, Time posts the equivalent amount to the work in process account.

  • Time and expense codes are used to record work in process in the form of time or expense entries. They are also used to control individual rates for each staff member.

  • The Work Code status field gives Time users a new way to manage their list of work codes.

  • Billing codes are entered in the same manner as work codes and work code classifications but are used for completely different purposes. Billing codes are exactly that, codes that are used when billing clients.

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