💁Agenda of the Video▶️: To share the Concept of Project Management.<br />----------------------------------<br />📍Project (job) Management : Projects are a way for us to schedule the usage of our company's resources and to keep track of the various costs associated with the resources on a specific project. <br />Projects involve the consumption of employee hours, machine hours, inventory items, and other types of usage that you might want to track as a project progresses.<br /><br />This notes covers the Setup of a New Project and related Tasks:<br />1. Handle Fixed Pricing.<br />2. Make Payments in Installments.<br />3. Post Invoices from Projects.<br />4. Copy Projects.<br />-----<br />Steps of the Video: <br />1️⃣ Project Card - Project Task - Project Planning Lines.<br />2️⃣ Create Purchase Order (if required).<br />3️⃣ Create Time Sheet - Submit - Project Planning Lines.<br />4️⃣ Calculate WIP - Post WIP Cost to G/L - Create Sales Invoice.<br />5️⃣ Check Posted Data... like: Statistics, Pages...like; Posted Purchase Receipts (GRN), Posted Purchase and Sales Invoice & Reports Usages and Others.<br />------------------------------------------<br />💁Business Central supports Project Accounting and related Project & Resource Ledger Entries.<br />it includes -<br />(i) Managing Project Management Tasks, such as Creating Projects and Scheduling Resources.<br />(ii) Providing Budget information and monitor progress.<br />(iii) Track Machine and Employee Hours on Projects using Time Sheets.<br />(iv) Project Managers have a good overview of their projects... including the employees, machinery, and other resources they involve.<br />--------------------------------------
