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Using Chart of Accounts segment for project cost tracking

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edited Aug 25, 2021 12:21AM in General Ledger & Intercompany 3 comments

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Do companies use Chart of Accounts segment for project cost tracking ? What are the best practices companies have found when using the project code segment of the Chart of Accounts. Have companies found that certain types of spend tracking are best with project codes? Have there been any pit-falls that people encountered for us to avoid?Can you share other best practices in relation to tracking project costs?

 

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Oracle Fusion ERP
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