User Guide

Time and Billing
122 Simply Accounting
Swc90wb.doc, printed on 1/3/02, at 11:14 AM. Last saved on 1/3/02 10:54 AM.
ACCPAC INTERNATIONAL, INC. Confidential
Date.
Enter the date of this time slip.
Time (hh:mm:ss).
Click Start to start the timer in the Time
(hh:mm:ss) field, and click Stop to stop the timer. After you click
Stop, you can continue or reset the timer. To apply the value in
the Time field to an item (activity) that is selected (checked),
click Apply Time.
Customer.
Enter the customer for whom the employee is
performing the activity.
Item.
Select the item (activity) that the employee is performing.
Description.
Simply Accounting automatically displays the
description from the item’s inventory record.
Billing Status.
This is the status as a result of the time spent on
the activity (item). The Billing Status field normally displays the
value from the item’s inventory record (Billable, Non-Billable, or
No Charge). You may be able to change the Billing Status field;
for example, from Billable to No Charge. For a flat fee item, you
could change the Billing Status field to In Progress.
Selected (check mark).
If the item has a check mark in this
field, it means that the value that is in the Time (hh:mm:ss) field
will be added to the Actual Time and Billable Time fields of the
item when you click Apply Time.
Actual Time.
Enter the actual time that the employee spent on
the item (activity).
Billable Time.
This is the time associated with the Billing Status
field. For example, if the status is No Charge, then the Billable
Time is the amount of time that is non-chargeable. If the item’s
status is Billable, and you change the Billable Time field, the
billable amount also changes automatically.
Billable Amount.
The amount that is to be charged for the time
spent. Simply Accounting automatically calculates this amount
based on the information from the item’s inventory record;
however you can change the amount if you wish:
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If you change the amount of a billable item, then the Billable
Time field automatically changes accordingly.