About project costs

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

This topic provides an overview of how to configure Microsoft Dynamics AX to post project costs for hours and expenses to profit and loss accounts. This configuration is set up in the Project groups form.

Availability

  • License code: Project I

  • Configuration code: Basic (none)

How the account is applied

The following table shows how the account is applied.

Transaction type

Project type

Statement type

Hour

Time and material

Profit and loss

Expense

Fixed-price

Consumption

Parameter dependencies

In the Project groups form, on the Ledger FastTab, select Profit and loss in the Journalizing lists.

See also

Select accrued revenue for posting

Estimate (form)

Project groups (form)

Configuring line properties

Line properties (form)