In this module, learn how to add project adjustments to projects. These adjustments can be used to document 'variations' in the project that occur after the project has started, that were not taken into account in the original plan.
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Download PDFStep 1.
Go to Projects under Projects. Select a project and expand the Adjustments section.
Click New Project Adjustment. Each adjustment is composed of one or more line items. A given adjustment represents either a discount or markup to the project cost.
Step 2.
The green check marks indicate whether the adjustment has been applied to an invoice or not. An adjustment becomes eligible for invoicing when its date falls into the invoice date range, and if a discount its value does not exceed the total of the other invoiceable items (TidyEnterprise does not currently manage credit notes).
Step 3.
Project Adjustments are taken into account in the both the Actual and Actual Details sections in the console Financials section. They do not show within the Planned Details section as there is no mechanism for planning an adjustment, only applying an Actual adjustment.
Step 4.
djustments are totaled as a NET amount In the Actual Details section under the Adjustments heading. This is a total of all the (negative and positive) adjustments applied to the project.
The NET adjustment amount is then included in the Total Revenue figure.
Step 5.
Adjustments that have not been invoiced so are not marked as Applied are included in the Invoiceable total in the Actual section.
Adjustments that have been invoiced and are marked as Applied are included in the Invoiced total in the Actual section.
Step 6.
Project adjustments are also included in the same way in the relevant reports for specific projects and available for invoicing.
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