Post negative progress bill

You can post a negative progress bill journal to report any negative progress on an activity or a complete project after the invoice is posted.

You can use this to report the correct progress when you have posted a higher progress than the percentage of completion times the contract value.

Steps

1. Go to Project management and accounting > Journals > Progress bill > Project.

2. Click New.

3. In the Progress bill journal name field, enter or select a value.

4. In the Project ID field, enter or select a value.

5. In the Invoice date field, enter a date.

6. Click OK.

7. In the From date field, enter a date.

8. In the To date field, enter a date.

9. In the list, find and select the desired record.

10. In the Current progress quantity field, enter a number.

11. You can enter a negative progress quantity, progress amount, or progress percentage. In these steps, you enter a negative progress percentage.

    In the Progress % field, enter a number.

12. Close the page.

13. Click Post.

14. Click OK.

15. Close the page.

16. Go to Default dashboard.