Dynamics Community Forum Thread Details

Fixed Price Project PS & Estimation Voucher

Hello experts, I need to understand what is the Purpose/ Philosophy behind the voucher ( V2 - Dr. Project Cost / Cr. Project Cost Item) from Item requirement packing slip in attached voucher screenshot, I also noticed the same posting type "Project Cost item" used in item requirement packing slip ( Debit) and also in estimation process ( Credit ) , that's enforced me to use bridge account in project cost ( 540110). Is attached voucher is OK with that bridge account ? I am not comfortable with this since it will appear in GL trans as Dr. / Cr. in same account with every transaction from inventory issuance ( Packing Slip).

I am using Fixed Price Project with completed percentage and "Balance Ledger Journal " , no auto item consumption we use item requirement .

My thought here is like the following :

Recording Project Cost:

Dr. WIP account ( Project - Wip Item Cost )

Cr. Inventory

Estimation:

Dr. Project Expenses ( Project Cost Item)

Cr. WIP account (Project - Wip Item Cost)

Thanks in advance.