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

Visit Redwood Community
What is the purpose of the Manage Transaction Account Definitions: Project Costing — 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

What is the purpose of the Manage Transaction Account Definitions: Project Costing

Received Response
2
Views
6
Comments

Summary:

Would like to know when and where the account combination setup at Manage Transaction Account Definitions: Project Costing is applied.

Content (required):

Client has GL Budgetary Control enabled, are using receipt account and are accruing at receipt. When a purchase order is received and the receipt is created, the cost must be transferred to cost accounting, the receipt distributions must be created and then accounted in the GL. The import Costs from Cost Accounting process is run and the receipt fails import into projects due to invalid budget account. Once a generic account combo is added to the Transaction Account Defintion: Project Costing, the transaction is successfully imported into Projects. Want to understand where the accounts assigned here are used and when.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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