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
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
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
Thanks Christoph.
Thanks Junaid. That explains it.
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.
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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