Difference between Project Types Internal and Cost Project

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Posted on by simonsmith101

Wondering if anyone could elaborate the main pros and cons when choosing a project type "Internal" versus type "Cost Project". MS documentation I found not very helpful on main differences.

Thanks guys

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Christoph Thaler 5,442 on at

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Hi Simon,

You can find more information about the project types here: docs.microsoft.com/.../about-project-types

It‘s from AX 2012 but still valid.

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Junaid Idrees on at

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Hi Simon,

In nutshell, the significant difference between internal and cost project is, Cost incurred in "Cost project" cannot be capitalized to balance sheet accounts but only to profit and loss account. But internal type of project cost can be capitalized to balance sheet account as well.

Create a project group with project type as "cost project" and you will see system will only allow you to select profit and loss in ledger section that means you can only post the cost to P & L accounts.

Hope it helps.

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simonsmith101 2 on at

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Thanks Junaid. That explains it.

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simonsmith101 2 on at

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Thanks Christoph.

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AshokKumarGuptaEga on at

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Hi Simon,

Hope your question is addressed by now. If so please mark the thread as answered to close the thread.

Best Regards

Ashok Kumar Gupta Ega

Sr. T.A, Microsoft

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