Approve Project Time
Explanation
This activity is used to approve the reported time for a project when the
NOAPRCON property in the Company Details/Property tab is set to
TRUE. The cost accounting for the reported time can proceed once the
approval is complete. If the property is set to TRUE a superior user
will be required to approve the reported time. If the property value is False
or Null, the time will be approved along with the confirmation.
In multi-company project reporting, when the project transaction of the customer
company is approved, it is notified to the employee company by the Customer
Transaction Approved option being enabled in corresponding employee
company transaction.
If the project transaction to be approved was created as a result of a contractor
project reporting, the transaction will become eligible to be matched with an
external supplier invoice after being approved.
Prerequisites
- The employee time should be reported and confirmed.
System Effects
- The reported time will be ready for cost accounting.
- If it is a multi-company project reporting transaction, approving the
customer company transaction will result in the Customer Transaction
Approved option of the employee transaction to be enabled. The transaction
is ready for multi-company project reporting transaction transfer and the
corresponding employee transaction is ready for invoicing.
- If it is a project transaction created by a contractor,
and if the total internal quantity of the transactions to be approved is
equal or higher than the quantity of the connected purchase order
line, then the connected purchase order line will be closed automatically.
- If the transaction was reported by a contractor, it is ready to be matched
with an external supplier invoice,