I am looking into correcting some labor hours and job costs after posting, and I saw the option of using the Job Adjustment screen in one of the forum posts. I am unable to find any details in the Epicor Ref Guide. Can someone walk me through the details of the screen? I did stumble my way through filling the information on the screen, but would like to understand the process better and the impact this has on the G/L accounts. Are journal entries required after the cost adjustment has been made? Are there any downsides to doing this? Thanks for your help!
We use Job Adjustment for integrating labor hours and cost from another source. I only have experience with this aspect of Job Hours/Cost Adjustment. This is an automatic process for us. If I was performing it manually, I would use the bottom section. Our Automation enters the same amount in Labor hours and burden hours. We calculate both Labor costs and burden costs. Our company performs both positive and negative adjustments to align with our time and labor system.
No journal entries are required, because this is just another transaction. The values would post in your current fiscal period.
The downside is the ease you can perform this at scale. It may be difficult to keep up with if you have employee timecards in Epicor. I would practice in a test environment until you are comfortable.
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Thank you for sharing your experience. I really appreciate it.
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