Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
How to use SLA rules for the Project Number in P&L and Balance Sheet Accounts — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to use SLA rules for the Project Number in P&L and Balance Sheet Accounts

Received Response
26
Views
2
Comments
edited Oct 5, 2020 12:58AM in Subledger Accounting & Accounting Hub 2 comments

Summary

Project number is CoA segment, and is needed in all P&L and Balance Sheet transactions

Content

Hi

Client uses Projects subledger, and also has the Project number as part of the Chart of Accounts. For all project transactions they want the specific project number to be included in the accounting string. This requirement applies to both P&L transactions and Balance Sheet transactions. The balance sheet transactions include the actual bank payment of a project related supplier invoices, and the bank receipt of a project related customer invoice.

Has anybody come across this requirement and discovered solutions using SLA rules to populate the project number in the project related transactions?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!