Project Balance Validation in Acumatica

Posted by Melissa Blassingame on October 21, 2016


Do you ever run into either of these project scenarios in Acumatica?

  • The project balance does not match the total on the reports
  • The project balance does not match the total amount of the transactions

If so, you just need to validate your project balances.  Here's how:

  1. View the project balance at:  Organization -> Projects -> Work Area -> Manage -> Projects-> Balances Tab, Screen ID PM301000


    and the report balance at:  Organization -> Projects -> Reports -> Balance -> Project Balance, Screen ID PM621000.

     
  2. Next, run the Project Balances process in Acumatica.  This is the only way to bring the balances back in line with each other.  To do this, go to:  Organization -> Projects -> Processes -> Closing -> Validate Project Balances, Screen ID PM504000.
     
  3. Then you will have the option to select just 1 project, or all projects. 
     
  4. Either select the specific projects and click on Validate, or Validate All to do all of the projects.

     
  5. Now, double check the report balance with the project balance.  Organization -> Projects -> Reports -> Balance -> Project Balance, Screen ID PM621000.

     

Are your projects still out of balance?  Crestwood can help.  Just email our team of Acumatica experts at Support@Crestwood.com.


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