How do I tick "billable" on a supplier bill - do I need to turn on this function somewhere? (Reckon

How do I tick the "billable" box on a supplier bill (Reckon Accounts Hosted). Do I need to turn on this function somewhere to allow the box to be ticked?

Comments

Acctd4

Hi Michelle

Once you enter/select the applicable “Customer:Job” on each line, the “Billable” box will appear for you to tick

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com

Michelle_10286905

Thanks Shaz! I've tried to do this, but the 'billable" box is being bypassed & I'm unable to tick it! I've tried but I can't work out why!
Do you know if there's any settings I need to change to allow me to tick that box?
Thanks, Michelle.

Acctd4

No, you shouldn’t need to change any settings.

What account (eg expense) or item type (eg service) are you trying to make billable?

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com

Michelle_10286905

The COGS account. I just tried a couple of Expense accounts, and I'm able to tick the box for these....just not the COGS! Do you know why? Thanks Shaz

Acctd4

Aha – Yes ... this account is not “Billable” because Reckon automatically adjusts your COGS based on your Purchases v Sales.

The purpose of the “Billable” feature is too track on-charges to a Customer for specific (reimbursable) expenses – eg Time, Mileage, Items or Expenses.

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com

Linda ABC

Further to Shaz's explanation - create an expense account for what you want to use (I often use Other Expense accounts, and then make sure these go back to zero before year end).... the COGS accounts are not able to be billable for the reasons outlined above.

Michelle_10286905

Aaah. I understand what the problem is. Because the "Cost of Goods Sold" account is usually used in relation to goods held in inventory, it cannot be ticked as "billable" on a supplier bill.
I'm using the COGS account to record materials purchased for jobs, so I will probably need to change it to an "Expense" account to allow it to be billable.
Problem sorted! Thanks so much for your help Shaz!

Michelle_10286905

Thank you Shaz and Linda. I saw your replies just after I'd sent mine. Much appreciated.

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