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Microsoft Dynamics AX (Archived)

Project Accounting - Ledger posting. Cost vs. Cost-item

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Posted on by lmai

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Hi All,

If I don't have inventory, I don't use item, I use category, I wouldn't need to set up accounts for the Cost-item and WIP-cost value-item tabs, correct?

Also, if this is an investment project, I don't bill, I don't recognize revenue, which set up in revenue tab would be feasible? Thanks

Proj-accounting-_2D00_-ledger-posting-_2D00_-revenue-tab.gif

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Ludwig Reinhard Microsoft Employee on at

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Hi,

The Wip cost item transaction type only needs to be setup if you post your item transactions temporarily on Wip accounts.

I would expect this for investment type projects that run over a couple of periods.

For those projects you typically don't setup any revenue type a count because you are not invoicing a customer.

Best regards,

Ludwig

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lmai 2,442 on at

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Thank you for your feedback, Ludwig.

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