Use this form to create a provision for foreseeable losses in project groups.

Set up a provision for foreseeable losses on fixed-price projects

  1. Click > > > .

  2. In the form, select the appropriate project group.

  3. On the tab, select the check box.

Set up a provision for foreseeable losses on investment projects

  1. Follow step one to three as described in the preceding procedure and then close the form.

  2. Click > .

  3. In the form, select the appropriate WIP project and click > .

  4. In the form, on the tab, enter the maximum capitalization limit in the field.

  5. NoteWhen applying this procedure to investment projects, you must enter an expense category for accrued loss to close the form.

See Also