Step 7: Print and Post the Labor Distribution
You can post the labor distribution to the G/L as often as desired.
Because some companies distribute weekly job status reports, they can enter timesheets and post labor to the G/L on a weekly basis. Post the labor at least as often as you compute billings, and you post before closing the accounting period.
Note:
If you are using Costpoint Leave, you must post the labor distribution before printing paychecks or direct deposits. If you do not post the labor distribution, any leave taken for that pay period is not reflected on the stub of the payroll check or direct deposit slip.