How does Activity Posting (AC190) update the billable fields on cost transaction records (ACTRANS) for Multi-Funded Contracts?

Answer:Activity Posting (AC190) will update cost transactions (ACTRANS) as follows for Multi-Funded Contracts established via GM20.

  • Updates the billable field as Y for activities and account categories flagged as billable Y - (Yes) on the Activity (AC10), Category Structure (AC08) and Override Account Categories (AC06).

  • Updates the revenue method field as F - Multi-Funded Contract

  • Updates the billable amount with the cost amount. (Cost reimbursement billing = 100% of the cost amount)

  • Updates the revenue amount with the cost amount. (Multi-Funded revenue = 100% of the cost amount)