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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Project Accounting - L...
Microsoft Dynamics AX (Archived)

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

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Posted on by lmai 2,438

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? 

Project-accounting-_2D00_-ledger-posting.gif

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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  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    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

  • Verified answer
    lmai Profile Picture
    lmai 2,438 on at

    Thank you for your feedback, Ludwig.  

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