Make a SIP correction

Tax is only self-assessed on non-billable sublet lines. If a work order line is non-billable and the sublet invoice is posted, the AP transaction will have the self-assessed tax. If, after that, you switch the line to billable and close the work order, the work order line cost is re-calculated and tax is no longer self-assessed. However, the GL transaction doesn't know about that previous self-assessment, and the SIP account is now out of balance. To fix that:

1. At the EMMS main menu, click the Work Orders button. The Work Orders display screen appears.
2. Click All/Open to view all work orders.
   • The work order must be Approved to make a SIP correction. It must also be a sublet, and there will be no outstanding invoices for any of the sublets on the work order.
3. Right-click on the work order and select Display. The Display Work Order screen appears.
4. Click on the WO Accounts Detail button. The Work Order Accounting display screen appears.
5. Click SIP Correction . The Work Order SIP Amounts display screen appears, listing all of the work order transactions for sublet invoice posts and GL approvals, with the amount, GL account, and GL transaction for each.
6. Click Create Adjustment . The SIP Adjustment window appears.
7. If required, change the TP number the adjustment will reference (it defaults to the first one on the work order) and/or the Transaction Date, which defaults to the current date.
8. Click Enter . The Confirm prompt appears.
9. Click Confirm.
10. If the screen Warning: Open Sublet POs Exist appears, you can choose to continue or not.
    • If you choose to continue, the Edit GL Transaction screen will appear. One line will exist for the first SIP account on the work order, and the Amount will be the Total from the top of the screen. Continue with step 11.
    • If you choose not to continue, you will return to the Work Order SIP Amounts screen, where the message "SIP Adjustment Cancelled" will appear at the bottom.
    • If you choose Exit, you will return to the Work Order SIP Amounts screen where the message "Transaction cancelled by user request" will appear at the bottom.
11. The Edit GL Transaction change screen appears, with a line already generated for the reversal of the SIP difference to the default SIP account. It will use the first SIP account on the work order, the difference between the AP SIP and GL SIP amounts on the work order, and the unit from the work order.
12. Change the SIP account, if required.
13. Add the offsetting entry using a non-capital cost account and an amount that will offset the accrued liability entry. The GL transaction total must equal zero.
14. Click Enter .
    • You will not be able to exit the GL transaction unless it is balanced.
    • A new work order accounting transaction record will be create for the WO SIP Correction transaction type, using the sublet as the source document.
    • A PO accounting transaction will be created for the SIP Adjustment transaction type.
    • J-EAT will not be updated.

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