Errors on journalized contract invoices

When errors occur, the process is completed and project invoices are journalized. Error records are listed on the Errors tab.

Posting projects are used in the setup of contract funding source for clearing account, milestone, allowance, and retainage default values. If the end date of any of the default projects occurs before the invoicing date or the revenue recognition date, then a journalizing error occurs.

You may be required to extend the project invoicing POP for the default project. The POP must use the last day used to invoice or recognize revenue. You can personalize the posting project list to show begin and end dates and designate the default project.