Project accounting. Current project carries original financial dimension, but the new Account Structure does not have this dimension. Is there map it?

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Posted on by lmai

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Hi All,

This project has been going on for a few years. So it carries the original Line of Business 100. The new Account Structure does not have the Line of Business 100. If I invoice this project, it would not post because 100 is not included in the Account Structure (screenshot 2). Is there a way that I can tell the system that 100 is now 101 when I run the report to analyze the performances (profit, cost, resource, etc)? Is there a way to map LOB 100 = 101?

Or is there a way to allow posting LOB 100 strictly to a specific project?

If there is a simpler solution, please suggest it. I appreciated it very much!

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Ludwig Reinhard Microsoft Employee on at

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RE: Project accounting. Current project carries original financial dimension, but the new Account Structure does not have this dimension. Is there map it?

Hello Kim,

If your LOB number 100 is not used anymore then simply change the LOB to the new number in the default project setup. All newly created postings will be made with this findim then.

To get the numbers 'together', i.e. analyze the complete project, you can - for example - use the management reporter and define a range of financial dimensions.

Example:

Instead of running a report that inquires account A - CostCenter B - LOB 100 - Location C

You can extend the report to inquire account A - CostCenber B - LOB Range from 100 to 101 - Location C

Such a report change / adjustment would be the easiest.

It depends of course how and what you post on your LOB in addition to the project transactions but it avoids that you would have to adjust / correct your historical postings with the old LOB.

Best regards,

Ludwig

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