Project (tpppc)
As part of the Aerospace & Defense developments, the Project Cost and Revenue Ledger processes are restructured to allow for a better integration with other packages and ease of use. As a consequence, the well-known 5 Cost Type tables (Material/Labor/Equipment/Subcontracting/Sundry) are merged into one. The manual step to process these Costs into the General Ledger and Project Cost History is automated. After a transaction is approved and sent to Project for storage in the Project Cost Ledger, it is automatically processed to the General Ledger and Project Cost History. Manual Costs must still be approved and processed manually to the General Ledger and Project Cost History.
The revenues that arrive from Invoicing are also automatically posted to General Ledger and Project Revenue History. Revenues that are specified manually in the Revenues session must still be manually approved and processed to the General Ledger and Project Revenue History.
To prepare for the Data Upgrade and the new processes in LN 10.2 (or later version). You must process all costs and revenues that are not posted to General Ledger and not yet available in Project Cost/Revenue History.