About project statements

  • Article

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Microsoft Dynamics AX provides many reports that you can use to view details about the projects that you are managing. However, when you want a quick snapshot view of the progress on a project, you can create a project statement by using the Project statements form.

Note

The profit calculations that you can make on the Project statements form is based in part on selections that you make in the Project statements area of the Project management and accounting parameters form. For more information, see About setting up profit calculation.

Open the Project statements form from any of the following forms:

  • Project contract details

  • Project

  • Project groups

  • Worker

  • Project categories

  • Category groups

  • Project report sort fields

  • Worker

Select criteria for the calculation

When you run project statements, you can determine the criteria that are used to calculate the project statement by making selections on the General tab in the Project statements form. Select options in the following areas:

  • Include project types – Include or exclude specific project types for the cost control calculation. If you open the form from a specific project, by default these options are not available and the calculation uses the project type of the selected project.

  • Include transaction types – Include or exclude specific transaction types for the cost control calculation. If you open the form from a specific category or category group, by default these options are not available, and the calculation uses the transaction type of the selected category.

  • Project date/Ledger date – Include transactions in a selected date range based on either the project date or ledger date.

  • Data – Select whether to calculate and view actual transactions, forecasted transactions, or a comparison of the two.

View calculation results

After a calculation has been run, the information is displayed on the following tabs in the Project statements form:

  • General – General information about the basic profit and loss structure of the project.

  • Profit and loss – Information about accrued revenue. You can also view general information about the basic profit and loss structure of the project.

  • WIP – Information about WIP account balances.

  • Consumption – Information about the consumption of hours, items, expenses, and payroll transactions.

  • Invoice – Information about invoices and on-account invoicing.

  • Hour rate – The hour rates for hours that are posted to revenue and cost accounts.

See also

Microsoft Dynamics AX reports

Project statements (form)

Project management and accounting parameters (form)