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Finance | Project Operations, Human Resources, ...
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Project budget balances - not showing consumed amounts correctly

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Project Budget Balances are not showing correct consumed budget

?When reviewing the Project Budget Balances screen, I discovered transactions that are correctly coded to this budget line are not showing as consumed costs. I'm wondering if this has something to do with the activities on the budget line item. Originally, the budget was set up with activities, however, since we are unable to get reports based on activities, we have stopped using them. I've included a screen shot of the journal entries that were used in the this particular scenario as well as some project reports showing where it is coded. How do we fix this so this area of the project module is more useful and so we can use this Project Budget Balances area to show real-time expenditures for each grant?

The path to this area is Project Mgnt & Accounting>Projects>All Projects>Subproject>Plan>Project>Project budget>Budget>Related information>Project budget balances.

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I have the same question (0)
  • Charlotte X Profile Picture
    Microsoft Employee on at

    Hi JamalK,

    Please wait for someone more experienced to answer this question.

    Best Regards,

    Charlotte

  • Vaibhav S Profile Picture
    240 on at

    Hi
    You able to solve this issue?
    I am also facing the same issue in D365FO.

    Please let me know

  • Suggested answer
    Gaurangkumar Jani Profile Picture
    4,554 User Group Leader on at

    Hi ASidd / Vaibhav S

    This is possible only if you have difference between level of budget available in Project and transaction posted, actually.

    Example, if you have created budget by activity and if you post a transaction without activity, the system can not provide consumption details it was consumed outside budget parameters.

    The same way if you post with activity, but you chose different categories, then also system can't provide consumption details as it's out of parameters of budget.

    Please let us know if this helps.

    Thanks,

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