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Project Contract Funding Limit

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Posted on by Community Member

Hi All,

I have a scenario to track the cost budget for a time and material project but at the same time I don't want revenue to pass some specific amount agreed with customer, I don't want to use revenue budget as revenue budget will not allow me to post ad-hoc fee transaction in case required.

Can I use single funding limit line at contract level with 100% allocation so that I can post revenue related entries without any restriction until the total revenue amount touches funding limit?

Regards,

Nakul

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Ludwig Reinhard Microsoft Employee on at

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RE: Project Contract Funding Limit

Hello Nakul,

Has your question been answered and is there anything else the community can help you with?

Best regards,

Ludwig
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Ludwig Reinhard Microsoft Employee on at

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RE: Project Contract Funding Limit

Hi Nakul,

Based on what you describe, I believe that the funding limit should do the job and achieve what you are looking for.

Best regards,

Ludwig