Hello,
I have a question regarding the project commitment - can it be eliminated into a FA or ledger account?
When I showed my client about the project budget balances, they said they consider received but not invoiced items as "consumed" rather than "commitment".
For example, there is in total 100,000 budget assigned to a project, 45,000 has been consumed as the POs were invoiced, 55,000 are still waiting for invoices but the items have been received. Now that all resources have arrived, the client wants to capitalize this project into a fixed asset because they can start using it.
However, those received but not yet invoiced items are not in WIP account, when I try to estimate and eliminate, only 45,000 value can be transferred to the fixed asset.
How can this project capitalization with committed amount be done in D365?
Many thanks.
