Project structure rules example

If you are using Project Ledger, only expense and revenue transactions such as income statement accounts are typically valid. To set up valid accounts to post to projects, you must set up validation rules for all valid income statement and balance sheet accounts.

• Income Statement Accounts

  If the expense and revenue accounts are not exclusive to Project Ledger, select the Create Blank To Value For Each Valid From Value check box. For example, if you have a single salaries and wages account 50000, you want it to be valid whether a project is entered or not entered.

• Balance Sheet Accounts

  To exclude balance sheet accounts from posting to projects, you must set up a rule that relates balance sheet accounts to blank or no project. Select the Create Blank To Value For Each Valid From Value check box.