> Set up Sage 200 / Project Accounting / Enter Project Accounting settings / Features

Enter project features

The Project Accounting Settings Features tab contains settings for budgeting, overhead absorption, and committed costs and accrualsThe process of matching expenditure or income to the accounting period in which it was incurred rather than paid; for instance, a rent cheque or utility charges..

You can choose to record budget information for your projects and to track this against the value of transactions logged. You select which levels of the project structure you want to record budgets against, and whether you want to record budgets for cost and/or revenue items.

Once you have set up your budgets, you can enter revised budgets for jobs that are subject to change, and to track changes from the original budget values. Any budget analysis produced will automatically use the revised budget rather than the original.

You can apply additional costs to your projects to account for your overheads or Uplift costs,

You can post committed costs to projects to give y known as overhead absorption.ou a better idea of profit, once costs are fully recorded.

To enter settings

Open: Project Accounting > Utilities > System Setup > Project Accounting Settings | Features.

Select from the following settings:


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