Reporting basis

A reporting basis consists of the accounting elements that are required to produce financial reports that adhere to specific accounting standards. A reporting basis is used to generate financial reports based on the chart, calendar, accounting entities, projects, and ledgers that are assigned to the reporting basis. A TrueCost reporting basis is required for TrueCost reports.

Specify the appropriate TrueCost information, including structures for department and cost object. Use the Helper List to add the Utilization and Capacity ledgers.