@bstabiner95 hi there! i had a client who had similar requirements. What we did was create a UDF for project complete which triggered a business event that reversed the allocations. That would then notify the finance department to complete their final financial review and close out the project.
The only issue I found with this solution is that we had to do two business events, one for revenue and one for cogs but that is because we had specific subaccount requirements. In your case, it may be easier to have one BE to reverse the allocations upon ticking off the project complete UDF (or something similar). may be worth testing out!
@bstabiner95 hi there! i had a client who had similar requirements. What we did was create a UDF for project complete which triggered a business event that reversed the allocations. That would then notify the finance department to complete their final financial review and close out the project.
The only issue I found with this solution is that we had to do two business events, one for revenue and one for cogs but that is because we had specific subaccount requirements. In your case, it may be easier to have one BE to reverse the allocations upon ticking off the project complete UDF (or something similar). may be worth testing out!
That makes sense - thank you!
For the reversal, what date did you use? Did you simply reverse the original transactions? Or were you able to set the transaction date to be the date that your UDF was ticked? I think ideally I would want all allocations reversed on the day of project closure. If I could use a Business Event to do that, it would be even better!