21 April 2011

Weekly Review: Project Accounting GL Accounts

This week's Weekly Dynamic segment is a little different. I'm pointing you to my I.B.I.S. ERP Blog post on GL Accounts in Project Accounting where Ross Carlson and I have created an example of posting flows for Project Accounting.

This Excel based template includes examples, journal entries and T-Accounts to help people understand Project Accounting's posting flow. We've tackled both Time and Materials and Fixed Price projects. There's even a place to put in your own accounts to help figure out what accounts go where.

Our examples are complete but don't cover every possible scenario. The goal was to take the whiteboard work we do and make it a litte more permanent.

Originally Posted by Mark at 2/23/2009 09:30:00 AM