Time Billing

To add an hourly, chargeable activity

The Activities List window should be displayed.

  1. Click the New button.


  2. Enter a unique number for the new activity in the Activity ID field.


  3. Enter the name of the new activity in the Activity Name field.


  4. Choose the Hourly selection in the Type field.


  5. Choose the Chargeable selection in the Status field.


  6. Choose the rate you want to use for this activity on activity slips in the Rate field. The rate is the price you charge for one unit of this activity.


  7. Enter a description for the activity in the Description field. If you want the description to appear on time billing invoices instead of the activity name, mark the Use Description On Sales selection.


  8. Enter the number of the account you want to use for tracking the income you receive from this activity in the Income Account field.


  9. Mark the Taxable when Sold check box if you want to charge sales tax for this activity.


  10. The default entry in the Unit of Measurement field is Hour. You can track time for this activity in fractions of an hour if you wish, but the unit of measure will remain Hour.


  11. If you chose Use Activity Rate in step 6, the Activity Rate field appears. Enter a rate for this activity in this field. The rate is the price you charge for one unit of this activity. The rate you enter will appear for this activity on activity slips.


  12. At this point, you've entered the activity's profile. If you want to enter sales history for this activity, continue to Step 13.


    Otherwise, click the OK button to add the activity to your records and close the Activity Information window. The Activities List window will appear; the new activity will be displayed in the list.
  1. In the list that appears in the middle of the window, click the zoom arrow next to the activity whose history you want to add.


  2. Click the History tab.


  3. Enter the number of units, sales amounts, and cost of sales amounts for the months that occurred before you began using MYOB AccountEdge in the table for the appropriate fiscal year. Use the zoom arrows in the upper right corner of the window to display the table for the correct fiscal year.


When you've entered the activity's history, click the OK button to add the activity to your records and close the Activity Information window. The Activities List window will appear; the new activity will be displayed in the list.

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