In time sheet activity we must record the description and Analytic Account (choose it)
I am ask what the meaning of 'Analytic Account' and Is it related to Accounting module?
When we use it and what is the benefit for it?
Analytic account field on timesheet is your Contract/Project on which you are filling the timesheets. So you are encoding timesheet on that analytic account and later you can invoice to your client.
Analytic Account mainly used for costing purpose in OpenERP. For example if the IT company has create analytic account for some projects (R&D or Offshore) and the user is working on R&D department then he has to fill the timesheet in that analytic account. So in timesheet user has to record the works he/she has done for that Analytic Account/ Project. Same time you can create analytic account on which you can raise invoice to your client for example offshore project so whatever timesheet done on that offshore project/ Offshore analytic account company (Account Manager) can raise invoice.
Thanks, Priyesh Solanki
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
|Asked: 5/14/13, 4:37 AM|
|Seen: 4245 times|
|Last updated: 3/16/15, 8:10 AM|