• Overview
• Importing opening balances
• Entering WIP opening balances
• Entering WIP opening balances manually
• Entering receivable opening balances
• Entering receivable opening balances manually
• Importing WIP detail

Entering work in process opening balances

When setting up your Time file, if outstanding time or expense entries exist from a previous time and billing file, these balances should be entered into Time. Outstanding indicates time or expense entries for which invoices have yet to be generated. If invoices have been generated for works performed and still have not been paid, enter the invoice on the Receivables tab, but do not enter any time or expense entries.

You can enter time or expense opening balances in bulk; enter the total amount of time for each work code per client.

When entering time or expenses, if you enter a non-billable work code, you are not permitted to enter a client number. Only billable work code numbers require a client number.

The Status column is for display purposes only; a "B" in this column indicates that an invoice has billed the time or expense entry. Since you are entering opening and outstanding items only, this column is not applicable.

Click the Help button while on the Time or Expense tabs for detailed completion information.