Revised Contract Amount not Posting

Prior to closing a job, we go into Job Cost/Tasks/Enter Misc Worksheets/Contract Amount - and in Job Entry we put the percent complete to 100% and put in the either the same or a different Contract Value in the New Column. 

One one particular job, the Revised Contract Amount that was entered did not post. The job was closed but now on our Quartlery Project Review report, it shows a negative profit because of this issue.

Is there a way to get the Revised Contract Amount to post into that job?

  • Misc worksheet contract amount only changes the Original Contract amount (not the Approved Changes and Revised contract amount). You may want to give Sage support a call to have a look at it with you to determine what you need to do to get it corrected.  Will want to see if a transaction generated when you updated the contract amount in Misc Worksheets or not.  If the Original Contract amount changed it should also then update the Revised Contract amount as well.

  • in reply to Denise Paulus

    It's as if the posting never occured when we 'Saved' the change to the contract amount.  I will give Sage a call.