Correcting Project Expenses

When someone needs to correct something in project accounting, I always push a little bit...asking what exactly they need to correct.  Is it the cost?  Or is it the billing?  Or is it something showing up to be billed that shouldn't?

Today when asking just those questions, I was reminded of the following KB article...which does a great job of breaking down which kind of return to do (when reversing cost from a purchase on a project).

http://support.microsoft.com/kb/961567

Happy correcting!

Christina Phillips is a Microsoft Certified Trainer and Dynamics GP Certified Professional. She is a senior managing consultant with BKD Technologies, providing training, support, and project management services to new and existing Microsoft Dynamics customers. This blog represents her views only, not those of her employer.