PM> Maintenance> LEMS
LEMS Maintenance
Summary
LEMS codes are attached to PM module type codes and are used
to group the information on Project Management module reports. L (Labor), E
(Equipment), M (Materials) and S (Services) are the basic codes but many
organizations add an R for revenue and a W for wages.
LEMS codes are also attached to an ALFRE designation (Asset, Liability, Fund
Balance, Revenue and Expense). The ALFRE designation attached to a LEMS code
will affect the journal entry generated in the Time/Materials Entry process. For
example, if a time entry is created to increase the task code total, the GL
account on the time entry will be credited if the LEMS code has a
revenue ALFRE designation. If the LEMS code has an expense ALFRE
designation, the GL account on the time entry will be debited.
Related Links
Click here for information on type code maintenance.
Step by Step
1 View the LEMS codes.
- Highlight a LEMS code in the left section of the window and the fields in the Maintenance
section will populate with the information attached to the selected LEMS code.
- Highlight a LEMS code and press DELETE or click the Delete icon
to delete the code.
- Click the Create icon
or press INSERT to create a new LEMS code. This will create a line item in
the left section of the window.
2 Create or modify a LEMS code.
- Enter the new LEMS code in the LEMS Code field. This field only allows one
alphanumeric character.
- Enter a description of the LEMS Code in the Description field.
- The code description can be up to 30 alphanumeric characters long.
- Use the ALFRE drop-down menu to select an associated GL account type for the LEMS code.
- When time/materials entries are created in the Time/Materials
process (PM> Time/Materials Entry), the ALFRE designation attached to
the LEMS code will affect the journal entry created by the process.
For
example, if a time entry is created to increase the task code total, the
GL account on the time entry will be credited if the LEMS code has a
revenue ALFRE designation. If the LEMS code has an expense ALFRE
designation, the GL account on the time entry will be debited.
- Press ENTER or click the Save icon
when complete.
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