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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / How re-assign a projec...
Microsoft Dynamics GP (Archived)

How re-assign a project cost to another project

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Posted on by Community Member Microsoft Employee

We are using Project Accounting for GP10. Recently we created some charges that were assigned to a project. It turns out that those charges should not have been assigned to that project. Unfortunately when we create the billing entry under Projects, the charges remain in the Time & Materials window and are being charged against the project budget. Is there a away to re-assign these charges to another (the correct) project so that they no longer appear on this project's budget?


Thanks,
Sam

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  • Bridget Cattie Profile Picture
    Bridget Cattie 170 on at
    Re: How re-assign a project cost to another project

    You can also:

    Go to Trx>>Project>>Returns from project entry

    Create a batch and click transactions

    Create a return for the cost against the original (wrong) project

    Post the batch.

    Create a project bill for this customer and you should see that the original charge that was incorrect and the return charge are available and should offset one another.

    Next, go to Trx>>Project>>Inventory batches

    Create a batch and click transactions

    Create an inventory transfer entry (can be used even for non-inventory items)

    Post the batch.

    Create a project bill for the correct customer (if applicable).

    You will not see these corrections in the drill back from the budget details because they are not actually purchases at this point. But, you can see them under Inquiry>>Project>>PA Trx Docs>>Inventory Transfer-Detail and using this method will keep these costs against the original P/M cost category even though they will have a different origin.

    Hope this helps,

    Bridget

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    Re: How re-assign a project cost to another project

    Thanks guys. I'll try both methods and see which one I have more success with. Appreciate the quick reply!

    Sam

  • Suggested answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at
    Re: How re-assign a project cost to another project

    You can also enter a Miscellaneous Log transaction, crediting the cost in the incorrect project and debiting the cost to the correct project.  This is sort of like entering a reclass journal entry but a bit more complex.

    Hope this helps,

  • Richard Wheeler Profile Picture
    Richard Wheeler 75,730 on at
    Re: How re-assign a project cost to another project

    Go to the PA billing screen and enter a return(click the drill down next to type). Then enter the transactions in as an invioce to the correct project.

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