Create Project Cost Accounting Voucher

Explanation

This activity is used to create internal charging between, e.g., different cost centers within the company. Only the internal prices are used for internal charging. How to set up the posting control is described in the process Define Financial Basics.

This activity should be performed again after creating a periodical overhead adjustment for project labor overhead.

The value on Create Cost Accounting on the project transcation determines if cost accounting should be created on project transactions and if used cost should be updated on the project activity. The default value for Create Cost Accounting on the Project Transaction can be controlled depending on the settings for each Project and Report Code. To get the default value set to Yes, Create Cost Accounting column should be set to Yes in the settings for both Project PrePostings and Report Code Details.

The job can either be performed as a background job directly or be scheduled.

Prerequisites

• The relevant posting types should be defined according to the posting types described in the document About Posting Types and System Events - Project Reporting.
• To create separate postings for overhead labor costs, correct setup needs to be done in Cost Details Basic Data and/or Overhead Rules.
• The project transactions should have the Create Cost Accounting column set to Yes.
• The Project Transaction should be Approved for Cost Accounting
• If Job Rate Management is used, and the employee is connected to an employee category with 'Use Job Rate Management' set to yes, the Job Cost Calculation needs to be completed.

System Effects

Vouchers are created and can be viewed in the Voucher Analysis window.

Pages

Transfer Project Cost Accounting Voucher

Activity Diagrams

Project Reporting Cost Accounting