Accounting unit balances

The Account Unit Balances option in Activity Group (AC00.1) provides accounting unit visibility in activities within the activity group. When you set this option to Yes, Project Accounting maintains balances within each activity by account category, company, and accounting unit. This lets you have totals by company and accounting unit without defining them in your activity structure. This is important because:

• If you are using Billing and Revenue Management with Project Accounting, then you need these balances if you want to follow the originator of expense when posting revenue recognition back to the General Ledger for completed contract (method B) or percent complete (method B) revenue recognition.

• Keeping accounting unit balances is extremely useful if you want to reconcile activity data with General Ledger.

• For more information about the Activity data mart, see the Analytic Architect User Guide.

• You can use the Organization dimension in the Activity data mart to analyze activity data by company and accounting unit.

• You can use Activity Accounting Unit Analysis (AC94.1 or AC494) to inquire or report on accounting unit balances in specific activities/account categories.

• You can use accounting unit balances in computed allocations.

  Note: To keep accounting unit balances, run an additional update after you post transactions in Project Accounting. This means running Post Accounting Unit Detail (AC191) after you run Activity Posting (AC190), or run Activity Posting (AC190) with the Post Acct Unit Balances field set to Yes.