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Project/Job costing

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Can someone explain all these project posting groups headers like wip costs account, wip accrued costs account etc with example, I am getting really confused as to how do i setup posting group for projects in so that my I/S is correct and accurate.
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    YUN ZHU Profile Picture
    YUN ZHU 75,673 Super User 2024 Season 2 on at
    Project/Job costing
    I think these instructions are just explanations, and sometimes they are really hard to understand. I suggest you actually set up and test them.
    For example, test in a standard Demo environment, then modify the settings and test again.
     
    Hope this helps as well.
    Thanks.
    ZHU
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    Jun Wang Profile Picture
    Jun Wang 7,440 Super User 2024 Season 2 on at
    Project/Job costing
    does the cronus sample company has a setting to reference to? 
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    gdrenteria Profile Picture
    gdrenteria 12,929 Most Valuable Professional on at
    Project/Job costing
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    MarceloBorges Profile Picture
    MarceloBorges 114 on at
    Project/Job costing
    Just another source to get some help on these fields, if you are on the latest versions of BC, you could ask Copilot to explain those fields to you:
     
    This what Copilot answered to me:
     
    It will not provide you with real life examples, but it's a starting point in a more natural language approach.
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    Valentin Castravet Profile Picture
    Valentin Castravet 25,025 Super User 2024 Season 2 on at

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