Creating a ‘Conversion’ AR Transaction Type with "Open Receivable" and "Post to GL" disabled.
Summary:
We checked and tested the below in "ERP Data Migration Recommendations and Best Practice"
Content (please ensure you mask any confidential information):
"In regard to converting sales invoices to support PPM migration, you may also consider creating a
‘Conversion’ AR Transaction Type with "Open Receivable" and "Post to GL" disabled. This means there
will be no accounting entries from the conversion of Receivables invoices.
o This is only used for converting project billing invoices, as discussed in Project Billing Invoices
and Revenue section in this document. Ideally, they are closed invoices with no activity against
the converted invoices in the future. However, you should be aware that should there be