About posting setup for project transactions

Article
04/11/2023

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

You can use posting setup to specify the accounts to which project transactions should be posted.

You can post transactions according to projects, project groups, and funding sources, or according to categories and category groups, or any combination of these criteria. When you create project groups, you define the search priority as Project-first or Category-first to determine which posting rules take precedence when the system searches for posting accounts.

Set up ledger posting in cost price accounts

You can set up ledger posting in cost price accounts either by transaction type or by project type.

Transaction type

The following table shows which cost price accounts are applied by the input from the transaction types that are available in Project management and accounting.

Posting type	Hour	Expenses	Item
Cost	x	x	x
Payroll allocation	x
WIP cost value accounts	x	x
Item cost			x
WIP Cost value item accounts			x
Accrued loss		x
WIP accrued loss accounts		x
Intercompany cost Note Projects for which timesheets are entered cannot have a ledger setting of No ledger or Never ledger.	x

Project type

The following table shows what accounts are applied by the input from the project types available in Project management and accounting.

Posting type	Fixed price	Time and material	Internal	Investment	Cost	Time
Cost	x	x	x	x	x
Payroll allocation	x	x	x	x	x
WIP cost value accounts	x	x	x	x
Item cost	x	x	x	x
WIP cost value item accounts	x	x	x	x
Accrued loss	x			x
WIP accrued loss accounts	x			x
Intercompany cost Note Projects for which timesheets are entered cannot have a ledger setting of No ledger or Never ledger.	x	x	x	x	x	x

Set up ledger posting in Sales price accounts

Set up ledger posting in sales price accounts by transaction type or by project type.

Transaction type

The following table shows which sales price accounts are applied by the input from the transaction types available in Project management and accounting.

Posting type	Hour	Expenses	Item	Fee	On account
Invoiced revenue	x	x	x	x
On-account invoiced revenue					x
Sales value and accrued value	x	x	x	x
WIP sales value accounts	x	x	x	x
Accrued revenue through production				x
WIP production accounts				x
Accrued revenue through profit				x
WIP profit accounts				x
On-account accrued revenue					x
WIP invoice on-account accounts					x
Subscription and accrued revenue				x
WIP subscription accounts				x
Intercompany revenue Note Projects for which timesheets are entered cannot have a ledger setting of No ledger or Never ledger.	x

Project type

The following table shows which sales price accounts are applied by the input from the project types available in the Project management and accounting module.

Posting type	Fixed price	Time and material	Internal	Investment	Cost	Time
About invoiced revenue		x
On-account invoiced revenue	x	x
Sales value and accrued revenue	x	x
WIP sales value accounts	x	x
Accrued revenue through production	x
WIP production accounts	x
Accrued revenue through profit	x
WIP profit accounts	x
On-account accrued revenue	x
WIP invoice on-account accounts	x	x
Subscription and accrued revenue		x
WIP subscription accounts		x
Intercompany revenue Note Projects for which timesheets are entered cannot have a ledger setting of No ledger or Never ledger.	x	x	x	x	x	x

Overview of transactions posted to specific ledger accounts

Transactions are posted to specific ledger accounts as follows:

Project and category are specified on the transaction.
The project specifies whether project transactions defer to project or category when searching ledger posting rules for an account. This setting is inherited from the project group.
When a transaction is posted, Microsoft Dynamics AX searches through the configurations in the Ledger posting setup form. The system searches first for a posting combination that matches the specific project and category. If it does not find this combination, the search continues using the priorities listed earlier in this topic. The search continues until the least specific combination (Project - All/Category - All), is found. If no combination is found, an error will be reported when you try to post a transaction.

Cost price accounts

The available cost price accounts can be applied for the following combinations of project types and transaction types.

Cost price account	Project types	Transaction types
Cost (Profit & loss)	Time and material, Fixed-price, Investment, Cost, Internal, and Time	Hour, expense, and item, transactions
WIP - cost value (Balance)	Time and material, Fixed-price, Investment project, and Internal	Hour and expense transactions
Cost - item (Profit & loss)	Time and material, Fixed-price, Investment, and Internal	Item transactions
WIP - cost value - item	Time and material, Fixed-price, Investment, and Internal	Item transactions
Payroll allocation (Profit & loss)	Time and material, Fixed-price, Investment, Cost, Internal, and Time	Hour transactions
Intercompany cost	Time and material, Fixed-price, Investment, Cost, Internal, and Time	Hour transactions

Sales price accounts

The available sales price accounts can be applied for the following combinations of project types and transaction types.

Sales price account	Project types	Transaction types
Invoiced revenue (Profit & loss)	Time and material projects	Hour, expense, item, fee, and on-account transactions
Invoiced revenue - on-account (Profit & loss/Balance)	Time and material and Fixed-price projects	On-account transactions
Accrued revenue - sales value (Profit & loss)	Time and material and Fixed-price projects	Hour, expense, item, and fee transactions
WIP - sales value (Balance)	Time and material and Fixed-price projects	Hour, expense, item, and fee transactions
Accrued revenue - production (Profit & loss)	Fixed-price projects	Fee transactions
WIP - production (Balance)	Fixed-price projects	Fee transactions
Accrued revenue - profit (Profit & loss)	Fixed-price projects	Fee transactions
WIP - profit (Balance)	Fixed-price projects	Fee transactions
Accrued revenue - on-account (Profit & loss)	Fixed-price projects	On-account transactions
WIP - Invoiced - on-account (Balance)	Time and material and Fixed-price projects	On-account transactions
Accrued revenue - subscription	Time and material projects	Fee transactions
WIP - subscription	Time and material projects	Fee transactions
Intercompany revenue	Time and material, Fixed-price, Investment, Cost, Internal, and Time	Hour transactions

Posting setup by project group or by category

The following table outlines posting setup by project group or by category and indicates the priority for ledger accounts on an individual project.

Priority	Account priority
1	Project – Project, category Category – Project, category
2	Project – Project, category group Category – Project group, category
3	Project – Project, all categories Category – All Projects, category
4	Project – Project group, category Category – Project, category group
5	Project – Project group, category group Category – Project group, category group
6	Project – Project group, all categories Category – All projects, category group
7	Project – All projects, category Category – Project, all categories
8	Project – All projects, category group Category – Project group, all categories
9	Project – All projects, all categories Category group – All projects, all categories

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About posting setup for project transactions

Set up ledger posting in cost price accounts

Transaction type

Project type

Set up ledger posting in Sales price accounts

Transaction type

Project type

Overview of transactions posted to specific ledger accounts

Cost price accounts

Sales price accounts

Posting setup by project group or by category

See also

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