Project Costing – Invoice Price Variance not transferring to Project

Summary:

I have a requirement to reflect Purchase Order Line costs on projects at the time of receipt. I have a Project Purchase Order configured to Accrue on Receipt. The Purchase Order line information successfully imports to Project Costing upon receipt.

Upon matching the Invoice to the Purchase Order, with an Invoice line amount that is different than the amount received an Invoice Price Variance is created. However, after validating, approving and posting the invoice, the Invoice Price Variance is not transferring to Projects. The Invoice Price Variance distribution line contains the POET attributes. After Posting the Payables Invoice, the receipt processes are rerun (e.g. Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management, Create Receipt Accounting Distributions, etc) and the Project costing import but the Invoice Price Variance does not import to Projects.