How Project Accounting Interacts With Accounts Payables Module?

1.	How Project Accounting Interacts With Accounts Payables Module?
Answer» Project related Supplier invoices are created in Accounts PAYABLES module. This is a cost against the project and HENCE has to be transferred from payables to ORACLE projects. To interface the supplier costs, PRC: Interface Supplier Costs process can be run. This process fetches all the approved and yet to be INTERFACED invoices to the projects module. These invoices are transferred to Projects module as EXPENDITURE items. Each eligible invoice distribution in an invoice is transferred as an expenditure item to projects module. The cost of the item is same as the invoice distribution amount.

Answer»

Project related Supplier invoices are created in Accounts PAYABLES module. This is a cost against the project and HENCE has to be transferred from payables to ORACLE projects. To interface the supplier costs, PRC: Interface Supplier Costs process can be run. This process fetches all the approved and yet to be INTERFACED invoices to the projects module.
These invoices are transferred to Projects module as EXPENDITURE items. Each eligible invoice distribution in an invoice is transferred as an expenditure item to projects module. The cost of the item is same as the invoice distribution amount.

Discussion