Transaction Processing › About Transaction Entries

About Transaction Entries

A transaction entry is composed of the following:

• A voucher header describes transactions and categorizes them by resource type. You must create a voucher header to create transaction entries.
• Line items describing the transaction.

Best Practice: Before creating and viewing transactions, make sure you are logged in as an user with the financial properties enabled.

You can search for, update, and delete transactions until they are posted to WIP. Once posted to WIP, you can view, edit, or reject transactions from the WIP adjustment page.

Transactions are used to charge departments for the cost of investments. Transactions entered are not posted to integrated financial purchasing or payable systems. If you have integrated CA Clarity PPM with accounting implementation, it is recommended that you enter all purchasing and payable transactions directly through your financial purchasing or payable system.

Example: Capturing Billable Project Costs

The Application Development group at Forward Inc is developing AutoPay software for wireless devices for the JJ Johnston Company. This company agreed to pay for all costs associated with the project, including development time, PDA's for testing, and travel expenses.

To account for all costs, the project manager added labor, equipment, and expense (travel) resources to the project. Each resource is added by resource type to the project as a team member.

Once the project can account for the various resource types and is enabled for financial processing, transaction entries are created for expenses using Voucher Expense and for the purchase of PDA's using Voucher Other.