Project Accounting 123

Project Accounting

Setup

Prepared By

Y.Ranganath

SetupResource & OrganizationHR FoundationWork StructureDefine Location

SetupResource & OrganizationHR FoundationWork StructureOrganizationDescription

Select Project Task Owning Organization and Click on OthersSelect Status as Yes for All types of Projects.

Select Project Exp Event and Click on Others Select Operating Unit and save and Close.

SetupResource & OrganizationHR FoundationWork StructureOrganizationGlobal Hierarchy

Query Name as Global and Query the Organization as Vision Services (Operating Unit) and Attach the Project Organization in Subordinates.

SetupResource & OrganizationHR FoundationWork StructureOrganizationHierarchy

Query Name as Burden Schedule Hierarchy and Query the Organization as Vision Services (Operating Unit) and Attach the Project Organization in Subordinates.

SetupResource & OrganizationHR FoundationWork StructureOrganizationDescription

Select Business Group and Click on Others Select Project Burdening Hierarchy

Select the Burden Schedule Hierarchy and save it.

SetupSystemImplementation Options

Select Start Organization as Vision Services (Operating Unit)

Select Start Organization as Vision Services (Operating Unit)

Select Start Organization as Vision Services (Operating Unit)

Submit New Request PRC: Add New Organization Compiled Burden Multipliers

Select Parameter As Project Oranization

ViewRequestFind

SetupAuto AccountingAssign Rules Select Labor Cost Account

Select Department and Click on Rule andCopy the Lookup Set

SetupAuto AccountingLookup setsCopy the Project Organization and give the segment value

SetupSystemPA PeriodsOpen periods

SetupSystemGL Periods

Switch ResponsibilityGLSetupOpen and CloseOpen Periods

SetupProjectsRolesEnable the Option(Enforce Role based Security)And then Save it.

After Saving the following Available controls will appear

Move the Available Controls to Assigned Controls

SetupProjectsRole ListsGive the Name and save it

After saving Unassigned Roles will appear.

Move the required Unassigned Roles to Assigned Roles

SetupProjectsClassifications

Give Class category and Name

SetupProjectsService TypesGive Service type in code column

SetupProjectsProbability ListsGive name and Probability values

SetupUtilizationWork type

SetupUtilizationWork typeSelect Utilization Tab

SetupExpenditureExpenditure Categories

SetupExpenditureRevenue Categories

SetupExpenditureExpenditure Types

SetupAuto AccountingLookup SetsCopy the Expenditure Type and give the Segment Value

SetupAuto AccountingLookup Sets

Select Name as Exp cat/Indirect cost accountAnd attach labor and non labor categories

SetupAuto AccountingLookup Sets

Select Name as Exp cat/Indirect Burdened accountAnd attach labor and non labor categories

SetupCostingBurdenStructureAttach the Exp type by selecting cost base as labor

SetupBudgetsResource ListsGive the Resource list name and Attach Exp types and Employees

SetupCostingLaborLabor Costing Overrides

Select the Employee name and Change the Costing Rule as hourly

SetupCostingLaborLabor Costing Overrides

Select the Employee name and Change the Costing Rule as hourly

SetupSystemStatuses

SetupSystemStatusesFill up the required fields and save it.

SetupProjectsProject Types

SetupProjectsProject Templates

Give the Number, Name, Type and Organization and save it