With this add-on module, WorkPlace Requisition, Check Request, Time and Expense Solutions are fully compatible with the latest Microsoft Dynamics GP Project Series. Users can select Contracts, Projects, Cost Categories and Budgeted Inventory Items in real time utilizing all of the rules established by Project Series.
The Project Accounting fields will only be visible within WorkPlace when integrated with Microsoft Dynamics GP Project Series. The appropriate project configuration must be completed with the Project module in GP. Refer to your GP documentation for proper Project Accounting setup and configuration.
There are three project levels used in Project Accounting:
This is a group of projects that a contractor performs for a customer, and for which the contractor charges the customer for various costs. For example, the contract Marketing Services might be made up of the projects Printing Brochures and Logo Design.
This is a group of related tasks that, together with other projects, constitutes a contract. A project is made up of cost categories. Each project has its own budget. For example, the project Printing Brochures might be made up of the cost categories Offset Printing, Layout, Design and Typesetting.
This is a name assigned to a project expense, for example, labor, building rental or purchase of computers. When a cost category is used in a project, it is usually called a "budget item". Each cost category that's assigned to a project has its own budget.