Good day,
The project billing does not include an inventory transaction when the project is billing for inventory used on the Project; we are currently on 2023R2. I am not sure if this is setup issue and search Acumatica help does not give any hints on the issue. Our projects are services provided to the client. However, we do sell an inventory item used on the project. We don’t bill for time; just the service so the billing type is Progress Billing. The current process is manual; the Accountant will create IN issue when inventory is used on the project; this will reduce the inventory and create the COGS transaction associated with the project. (Payroll associated with project is also a GL transaction associated to the Project/Task.
With the above background, now management wants to project invoices to include the inventory transaction. (The same as the Sales/Shipment/Invoice process does.) I am trying to figure the changes needed to configure Projects. Maybe use Project Specific Inventory (Currently not enabled). ACM Help does not help on the Billing Part. This seems only to only allocate the inventory but producing the inventory transaction on the invoice.
Any suggestions? Do I need to change to Time and Material Billing Rule? What am I missing? We need to get away from the manual inventory transaction. Throws off inventory amounts and availability.
Thank you in advance for you suggestions and assistance.
Evan
