Managing Projects › Project Properties › Financial Processing (Project)

Financial Processing (Project)

You must financially enable your project in order to:

• Process financial transactions.
• Define contract properties.

Financially enabling projects is required for:

• Setting up for external billing, such as specifying the company that is billed for projects, and the billing method.
• Setting up for chargebacks, such as specifying the department that incurred the project cost and its location.
• Setting up financial transaction defaults, such as specifying the WIP or investment class, and cost and rate matrices. These selections will automatically populate transaction entry upon selecting the project.

More information:

Define Financial Properties

Define Billing Information (Projects)

Financially Close Projects

How to Set Up Projects for Tracking Costs

Financially Close Projects