Define Transactions for Project Transfers

Explanation

Use this activity to define whether inventory transactions and accountings are posted during project transfers.

This parameter is used when upgrading from standard inventory to project inventory. When material is purchased or manufactured for a project before the upgrade, all transactions are posted as if the material was received to project inventory; however the material itself still resides in standard inventory after the upgrade. After the upgrade, the next step will be to transfer the material that should be in project inventory from standard inventory to project inventory without creating postings, and this step has to be done manually by someone who knows the material in question.

This parameter is automatically set to No when upgrading and therefore, enables transfers without resulting inventory transactions. Before starting to do further project transfers that are part of the ordinary operations, which consequently should result in inventory transactions and accountings, this system parameter should be switched back to Yes.

Prerequisites

This activity has no prerequisites.

System Effects

Inventory transactions and accountings are posted during project transfers.