The Construction Contract Management and the Project Contract Management Systems have their own journal registers for progress billings and collections that you can export the entries into the GL system.
1. Books = a typical books of accounts containing the list of journal entries with Debit and Credit columns. You have the option to export each detailed journal entries into the GL System.
2. Progress Billing = a summary list of progress billings. You have the option to export the summary journal entries into the GL System.
Following is an actual Journal Register generated from the system and directly exported to excel file. Some columns are changed or blurred due to data privacy act.
PROGRESS BILLINGS WITH DETAILED JOURNAL ENTRIES:
PROGRESS BILLINGS WITH SUMMARY JOURNAL ENTRIES
The above report can be generated from these apps:
Under Construction Contract Management System:
Under PROJECT CONTRACT MANAGEMENT SYSTEM: