Setting up SOP Invoicing in Job Cost

If you are using SOP to bill jobs, you must assign the appropriate billing type and contract type to the job, and select the sales/revenue accounts to be used.

Step 1: Set up Billing and Contract Types for Jobs

To bill jobs using SOP, the jobs must contain a billing type of SOP and a contract type of Fixed Amount.

1. Enter or create a job as usual by choosing Cards > Job Cost > Job.
2. From the Contract Type drop-down list, select Fixed Amount.

3. From the Billing Type drop-down list, select SOP. 

   You cannot change the billing type if unposted transactions exist for the job.
4. Select Save.

Step 2: Select Sales/Revenue Accounts

You can select whether to use Job Cost or SOP sales/revenue accounts for billing jobs.

1. Select Microsoft Dynamics GP > Tools > Setup > Job Cost > Job Cost Setup > Posting Options.
2. In the Sales/Revenue Accounts for SOP Billing From section, select the accounts to be updated for billing SOP transactions. Choices include Job Cost and SOP. If you are using the revenue recognition percentage-of-completion posting method, the Job Cost radio button is selected automatically and cannot be changed. If you select Job Cost, the accounts set up in the Invoice Accounts Setup window (Microsoft Dynamics GP > Tools > Setup > Job Cost > Account Setup > Invoice Accounts) will be used. If you select SOP, either the item or customer accounts will be used, as set in the Sales Order Processing Setup window (Microsoft Dynamics GP > Tools > Setup > Sales > Sales Order Processing).
3. Select Save.

When you're finished setting up SOP invoicing in Job Cost, you can enter and post inventory transactions using SOP.