Company Profile and Codes
How Do I?
Company Profile Setup
- Updated!Completing the Company Profile
Updated!Defining Period Dates
- Changing the period date sequence
- Setting up the chart of accounts
- Deleting an account from the chart of accounts
- Setting up the automatic numbering system
Work Codes and Billing Codes
- Creating the work code classification list
- Updated!Adding a Work Code
- Setting up the Tax by Work Code feature
- Entering billing codes
More Info >>
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.
New!Work Code Status
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.
The Company Profile setup dialog enables you to manage all your firm options from a single location. Click each tab in this dialog to specify details and options for company dates, taxes, people setup, projects, and other firm-related options.
Updated!Work Code properties
Work codes are used for time and expense entries.
Time allows you to set up and customize your own automatic invoice numbering system for invoices created in either the Billings from WIP or Recurring invoices screens. Any good invoice numbering system, speeds up processing, and improves tracking.