Skip to main content

Notifications

Announcements

No record found.

Finance | Project Operations, Human Resources, ...
Answered

Project Accounting. Does the time sheet have to match the duration of the project?

Posted on by 2,432

Hi All, 

I'm setting up the Period types.  The length/duration of each project is different.  Most of them are less than 12 months and some are longer than 12 months.  Do I need to set up different period types for each project where the Length of period needs to match the length of my project?  Thanks so much!

Timesheet1.png

  • lmai Profile Picture
    lmai 2,432 on at
    RE: Project Accounting. Does the time sheet have to match the duration of the project?

    Thanks

  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Project Accounting. Does the time sheet have to match the duration of the project?

    Hello Kim,

    I have never seen project specific period types.

    Companies usually have a number of period types that they use for time recording and project estimates.

    This is similar to what you shared in the screenprint.

    Making this more detailed does not seem to add 'value' to me.

    Best regards,

    Ludwig

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Suggested Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,280 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,214 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Product updates

Dynamics 365 release plans