We want to be able to use Projects to document activities for Research and Development (R&D) tax credits. I expect that the labor expenses will be the largest component of the R&D credit, with materials and prototyping materials the next largest component. With the R&D Tax credit Solid documentation is required, but we need to be able to keep it simple as well for the engineers. Need to keep the tasks down to a minimum otherwise the engineers will not properly record their time. Has anyone setup an internal R&D Project using the projects module? Are there any tips to share, especially when generating the cost for auditors.
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Hi Doug
We have the same question. From our initial review, it seems to only have concept of selling a project.
Peter
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