What is the difference between soft close and final
close?
Soft Close
The status of the contract is set to Soft Close. The job associated with the
contract will also change to Soft Close.
If posting to jobs with a soft close status is allowed (JC Company
Parameters > Info tab > Allow posting to soft-closed
jobs box), any costs posted to the contract/job will
update the "open" GL accounts associated with the department on each
contract item (JC Contracts > Items tab> Department field). If the Allow
Posting to soft-closed jobs option is not checked, you
cannot post to the contract/job.
Final Close
The status of the contract is set to Final Close. The job associated with
the contract will also change to Final Close.
If posting to final closed jobs is allowed (JC Company Parameters > Info
tab >Allow posting to hard-closed
jobs box), any costs posted to the contract/job will
update the "closed" GL accounts associated with the department on each
contract item (JC Contracts > Items tab > Department field). If the Allow
Posting to hard-closed jobs option is not checked, you
cannot post to the contract/job.
If closing a job including any unprocessed purchase orders or subcontracts
is allowed (JC Company Parameters > Info tab > Close
Purchase Orders when Job Hard-Closed and Close
Subcontracts when Job Hard-Closed), the system will ask
you to confirm closure of the subcontracts or purchase orders before
hard-closing the job. Open purchase orders and open subcontracts are
listed on the JC Contract Close form's Open PO's and Open SL's tabs,
respectively.
If the GL Close Interface (JC Company Parameters>GL Close tab) is set
to summary or detail, all existing detail will be moved from the open
accounts to the closed accounts.
If the GL Close Interface (JC Company Parameters>GL Close tab) is
set to summary or detail, the status can only be changed to Soft Close
or Open (in JC Contracts) if no cost or revenue detail exists for the
contract.