Implementation Plan - Project Financials - 01 - Client Contract Administration - Job Cost Codes, Prime Contract and Original Budgets

Important Things To Know

Job Cost Codes and a Prime Contract (aka Client Contract) need to be established before POs, Subcontracts and Timecards can be entered.
Original Budgets (ex. contract amount, cost and hours) are part of the Prime Contract and usually setup in the beginning but can be updated later as well.
The 'Contract Admin Setup Wizard' can use a Sage Construction Management Cost Code Template, Sage Construction Management Estimate or Microsoft Excel file to create Job Cost Codes, Prime Contract and Original Budgets. However, the latter option is the preferred method of setting up the initial awarded job in Sage Construction Management since estimating is usually implemented last.
The Client/Prime Invoice process will dynamically change depending on the contract type: fixed lump sum, cost plus or unit price. Thus, contract type is a very important field on the Prime Contract form.
Billing Methods: More Info
Project Financial Analytics | Transaction Categorizations: More Info

Step	Task Description	Help Topic	Training Video(s)	Application Form
1	Job Cost Codes Overview	View	View
2	Prime Contract Overview	View	View
3	Prime Contract Original Budgets Overview	View	View

Step	Task Description	Help Topic	Training Video(s)	Application Form
1	Download the Excel Import template from the help topic link.	View
2	Populate the Excel Import template with the applicable Job Cost Codes and corresponding Original Budgets.	View	View

Step	Task Description	Help Topic	Training Video(s)	Application Form
1	Click the 'Projects' icon in the left navigation pane then select the current project (ex. job created in step 04) in the 'Quick Select' section. This will then redirect and show the 'Current Project Home' page.			Form
2	Click the 'Client Contract Administration' link in the 'Quick Links' tab under the 'Accounting and Project Management Departments' section.
3	Navigate to the 'Contract Admin Setup Wizard' section and Click the 'Start Now' button. This wizard will create the Job Cost Codes, Prime Contract and Original Budgets using the Excel Import file created in 05.2.	View	View