Item requirement and Project PO receipt postings on project
Out of the box, whenever the project PO is receipted (Product receipt posted), the accrual transactions are posted on the GL (General Ledger) level but the cost is…
Sarang Kusare
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Dimensions on Project and Project Contract
Dimensions on the Project: Department – 001 Cost Center – 002 Dimensions on the Project contract: Department – 001Cost Center – 003 Dimensions on the Hours, Expense, Fee,…
Budget and Billing rule Contract value changes and its impacts
Edits in the Billing Rule contract value Contract value in the Billing rule can only be changed till the time a project transaction is posted to the project.…
AXAPTAMANIAC: Fee Billing Rule – Strange Behaviour
Fee billing rule also has some strange behavior. Will update this post once i find the right reasons for this behavior. But for now just wanted to note…
AXAPTAMANIAC: Progress Billing Rule – Strange Behaviour
This is just a post for me to remember the strange behavior about the billing rule functionality. Whenever a progress billing rule is configured, for it to make…
Receipt of a Non-stocked item versus a Stocked item
Receipt postings for the ‘STOCKED’ type of a project: DEBIT Cost of purchased materials received 1000 CREDIT Purchase expenditure, un-invoiced …
Use Tax and Line Property in WBS, Forecast and actual transaction
I have encountered two separate incidents related to use tax and line property, which are totally not linked to each other. Just wanted to note this down somewhere…
AXAPTAMANIAC: WBS and Project Budget
If the WBS is defined for the project and also for the same the Budget is also defined, then tracking of project can be done from the WBS…
Importance of ‘Active in Journals’ and ‘Stocked Product’ control WRT Project Supplier Invoice
Direct Supplier invoice (without a PO) that is to be created for the project can make use of items as well as procurement categories. In that case, items…
Intercompany Vendor / Customer creation
Intercompany Vendor and Customer can be created by creating a relationship between the two intercompany records. Whenever the intercompany vendor and customer is created, the ‘Active’ checkbox should…