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Accounting for AP invoices to PPM related to CIP

edited Aug 24, 2020 5:16PM in Project Management 2 comments

Summary

Please describe and clarify the accounting entries for AP invoices when imported to PPM for Construction in Progress (CIP) projects.

Content

Please describe and clarify the  accounting entries for AP invoices when imported to PPM for Construction in Progress (CIP) projects.  For example, what account entries are created in AP, what gets imported to PPM. Finally, where does the accounting CIP Clearing happen?

Thank you!

CP

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