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Time and Expense

Enter time and expenses transactions in a future period

You might need to keep the current period open after the calendar has advanced to the next period so the current month's billing and A/R activities can be completed and the month-end reports run before advancing to the next period. However, staff members continue to enter their time and expenses based on the current calendar date, which means they may need to enter transactions dated in the next period. You can do this in Practice CS without affecting current period processing unless you want it to.
You use the same method to enter time and expense transactions, whether in a future or current period.
  1. Select
    Actions
     then
    Time & Expense Entry
    .
  2. Enter a
    Sheet date
     if there's no default value.
    note
    • If the Sheet date you enter is after the last day of the current period, you'll get the warning:
      The date you entered is after the current period
    • You'll get the same message each time you enter a transaction that has an
      Entry date
       after the end of the current period.
    • You can mark the
      Don't show this message again
       checkbox if you don't want to get this message again.
  3. Select
    OK
    .
  4. Enter transactions as you normally would.
    note
    • No special security privileges are needed to enter time and expense transactions in a future period.
    • Special security privilege is required to enter time and expense transactions dated in a period prior to the current period.
    • WIP dated in a future period can be billed as long as the date isn't beyond the date of the invoice.

This article applies to:

  • PRODUCT: Practice CS