I printed a job status report for a large job, and the Total cost incurred is actually the dollar amount of the vendor invoices that we entered in Payables "to be paid", not necessarily those that have been paid to date. Isn't Job cost incurred actually a dollar amount that has been paid?

I've used this program for so long and only now did I realize the importance of the difference. We are holding invoices due to manufacturer defects and it's important to see the amount actually incurred, vs what is due.

Thanks in advance, Karen