Project invoices across multiple periods using transitory items

Afterwards, you can still distribute the turnover from project invoices across multiple periods using transitory entries.

Once you have journalised the invoice in Profit Projects, you can then create transitory items in Profit Financial.

To retrospectively enter transitory items for a project invoice:

Go to:Projects / Invoicing / Journalise.
Journalise the project invoices on a single entry date. See the description in Journalise project invoices.
Locate the journal entry for the project invoice using Financial / Ledger / Financial changes.
Select the required journal entry.
Click on the action:Edit journal entry.
You see an entry layout with the entry lines belonging to the journal entry. The journal entry now contains one or more lines relating to turnover.
In the journal entry, select the turnover lines and click on the Transitory item action to enter the transitory items.
You can distribute the turnover across multiple periods using a transitory item.
Enter the financial year and period range for the outstanding items.
If required, select the Rounding check box if you want to round the period amounts automatically, for example, to the nearest hundred.
By default, Profit copies the suspense account from the administration settings, but you can change this.
Press: F5.
Profit automatically determines the number of periods and will add one entry per period. The number of periods is displayed, as well as the amount per period.
Change the amount per period in the Amount column, if you want to.
Click on: Finish.
Exit the entry window.
Go to Financial / Ledger / Financial changes to view/check these entries. If necessary, press F5 to refresh the screen.