Applies to Product - Dynamics 365 Project Operations
What’s happening?
Intercompany project expense GL not getting picked from the Intercompany cost posting profile while submitting expenses for intercompany projects.
Intercompany project expense GL not getting picked from the Intercompany cost posting profile while submitting expenses for intercompany projects.
Reason:
The system is configured to take the main account from the main account specified in the Expense tab of the Expense category instead of the Project ledger posting. Customers have reported that the system previously used to take from the Project ledger posting instead of the Expense ledger posting.
The system is configured to take the main account from the main account specified in the Expense tab of the Expense category instead of the Project ledger posting. Customers have reported that the system previously used to take from the Project ledger posting instead of the Expense ledger posting.
Resolution:
Verify the configuration of the Expense category to ensure that the correct main account is specified. Depending if expense category is defined just for expense management module or is defined to be used in Project management and accounting module, the main account can be defined in different ways:
- No Project category: Go to Expense management> Setup> General> Expense categories and check main account defined in the category in both legal entities used in intercompany expense report.
- Project category (and expense category): First go to Project management and accounting> Setup> Project management and accounting parameters> Intercompany tab to check the project category defined for expenses in both legal entities and then go to Project management and accounting> Setup> Posting> Ledger posting setup to check Cost, WIP cost value and Intercompany cost main accounts in both legal entities.
Find more details in the following link: Intercompany expenses | Microsoft Learn
Verify the configuration of the Expense category to ensure that the correct main account is specified. Depending if expense category is defined just for expense management module or is defined to be used in Project management and accounting module, the main account can be defined in different ways:
- No Project category: Go to Expense management> Setup> General> Expense categories and check main account defined in the category in both legal entities used in intercompany expense report.
- Project category (and expense category): First go to Project management and accounting> Setup> Project management and accounting parameters> Intercompany tab to check the project category defined for expenses in both legal entities and then go to Project management and accounting> Setup> Posting> Ledger posting setup to check Cost, WIP cost value and Intercompany cost main accounts in both legal entities.
Find more details in the following link: Intercompany expenses | Microsoft Learn