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GL account assignment for items on projects or service orders/appointments

  • 26 September 2022
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Hi,

I need to setup 2 different type of projects, one that sends all the project transactions to a WIP account (this is the current setup) and a second type that send all the transactions to another GL.

 

Right now the GL settings on the items dictates where the amounts are posted, is there a way to bypass that setting for a specific project. Keep in mind, we have different items that hit different account groups on the same project.

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Best answer by Heidi Dempsey 5 October 2022, 00:31

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@jvinski71 Thank you for the question.  You can use project allocation rules to accomplish this.  On the Project screen, in the Billing and Allocation Settings area, you can have an allocation rule run on release of project transactions.  This will run automatically after any PM Transaction is posted for this project.

 

You can set up two different allocation rules with different accounts

 

 

and  assign the appropriate allocation rule on the task of the project needed

 

 

The example above was to move expenses to the asset account WIP.  Hope this helps

 

 

 

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