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Questions on Projects and intercompany

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Posted on by phyllispang

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Hi All,

I would like to create a General Journal to post Project expense for other company

Meaning Project #1 in Company "A" and Offset to "Expense A/C" in company "B"

When I try to select other company, then select Type = "Project" ; error message will be prompt as "Project not allowed for intercompany"

anyone knows that how to handle ? or any work around solutions ? Thanks

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Ludwig Reinhard Microsoft Employee on at

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Hi phyllispang,

Intercompany expense transactions in GL journals for project related transactions are not supported in the standard application.

You can make use of the pending vendor invoice form to post expenses on project operated in other companies.

Best regards,

Ludwig

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phyllispang 283 on at

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HI Ludwig,

thanks for your information. would you mind show me the details step by step cos' i am NOT so clear about how the Pending Vendor Invoice post the Project expense in other company......

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Ludwig Reinhard Microsoft Employee on at

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Hi,

If you create a pending vendor invoice then you can select the company and project to which the expense shall be posted to.

The next screenprint gives you an example.

To make this work you have to ensure that the project categories and intercompany accounting is completely setup.

Best regards,

Ludwig

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MauricioSaldana Microsoft Employee on at

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Hi Phyllispang,

Ludwig is correct, the GL journal doesn't support intercompany project transactions.

Below link can help you understanding the needed setup and process for those transactions

docs.microsoft.com/.../create-an-intercompany-project-invoice

Regards

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phyllispang 283 on at

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Hi Ludwig,

thanks for your information, I've created a Pending Vendor Invoice and able to input the Project ID in other legal entity now.

But I just wonder why this invoice amount will NOT be posted or shown in the Project Statement in that Legal Entity ? (i.e. when I go to BWM legal entity, select that project "BWM-PRJ000001" ;

No any cost Expense cost shown for this $1,000 ?

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Ludwig Reinhard Microsoft Employee on at

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Hi phyllispang,

Have you created and run the project intercompany invoicing process already?

Best regards,

Ludwig

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