The following is an overview of how and where the account is applied and what parameter setup is required.
Account
type
Profit and loss
Availability
|
License code |
Configuration code |
|---|---|
|
Project II |
Work in Process |
How the
account is applied
|
Transaction type |
Project type |
Statement type |
|---|---|---|
|
|
|
|
|
|
|
|
|
|
Parameter
dependencies
-
Project group: For time and material project groups, the journal posting setting for item costs must be .
Actions and
effects
|
Action |
What happens |
|---|---|
|
Post journal |
The account is credited when is selected in the list for the project group. |
|
Invoicing |
The account is debited when the transaction ledger status is . |
|
Post costs |
The account is debited when transactions are moved from the transaction ledger status of to the transaction status of . The account is credited when transactions are moved from transaction ledger status of to the transaction ledger status of . |
|
Post estimate |
For investment projects and fixed-price projects with the completed contract assessment principle, the account is credited on posting of items if the check box is selected on the line property. |
|
Reverse estimate |
For investment projects and fixed-price projects with the completed contract assessment principle, the account is debited on posting of items if the check box is selected on the line property. |
|
Elimination |
The account is credited on fixed-price projects. |
|
Reverse elimination |
The account is debited on fixed-price projects. |
