Consultant Accrual Reports

Consultant Accrual transactions appear on the Income Statement, Project Progress, Project Detail, Office Earnings, and Consultant Ledger reports.

• Income Statement: Consultant accrual transactions appear on the Income Statement with the expense accounts for which they were budgeted.
• Project Progress: When run at cost rates, this report includes consultant accrual journal entry transactions in the vendor’s/consultant's job-to-date expenses. When run at billing rates, this report includes consultant accrual journal entry transactions with a billing extension. In either case, this report displays vendor/consultant budget and percent complete data by vendor/consultant or by expense account, depending on how you set up your vendor/consultant budgets.

  If you select the Consultant Breakout option on the Labor and Expense tab of the Report Options dialog box before you run the report, it displays consultant accrual transaction detail. Use this data to verify consultant accrual amounts.

• Project Detail: When run at cost rates, this report displays the consultant accrual journal entry transactions with the label CONAC. When run at billing rates, this report includes consultant accrual journal entries at billing rates.
• Office Earnings: This report includes Consultant Accrual journal entry transactions in the Spent column. DPS includes the amount from the Spent column in calculations of Profit and Profit %.
• Consultant Ledger: This report lets you track consultant accruals by project and vendor. You can run the report using a vendor summary or vendor detail format. If you select the vendor summary format and you have created budgets by vendor, the report includes a Budget by Vendor column. The amounts in this column can be updated on the Project Budget Worksheet. If you select the voucher format, the report displays the invoice on which the consultant voucher was billed and the invoice status: PD (paid), NF (not found), or NP (not paid). It also shows the budget amount.