Accrue revenue (form)
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Click Project management and accounting > Periodic > Time and material > Accrue revenue.
–or–
Click Project management and accounting > Common > Projects > Project contracts. On the Action Pane, on the Manage tab, in the Process group, click Accrue revenue, and then select Time and material.
–or–
Click Project management and accounting > Common > Projects > Project contracts. On the Action Pane, on the Maintain tab, in the Process group, click Accrue revenue, and then select Time and material.
Use this form to post transactions on which you want to accrue revenue in time and material projects. After you generate a list of transactions by using the Select transactions to accrue revenue form, click Post in the Accrue revenue form to post the selected transactions.
Note
Only transactions from projects that are associated with a project group that is enabled to accrue revenue are available in this form.
Tasks that use this form
Select accrued revenue for posting
Navigating the form
The following tables provide descriptions for the controls in this form.
Tabs
Tab |
Description |
---|---|
Overview |
View the list of transactions that have been selected for posting. |
General |
View additional details about the transaction that you have selected for posting. |
Financial dimensions |
View information about financial dimensions, such as the default dimensions and where the dimensions are used in account structures and advanced rule structures. |
Sales price |
View sales price information for the selected transaction, including sales, currency, accrued amount, and transaction status. |
Lower pane
Tab |
Description |
---|---|
Profit and loss |
View the total sales value amount for accrued revenue for all transactions that you are going to post. |
WIP |
View the total WIP sales value amount for all transactions that you are going to post. |
Ledger updates |
View the ledger update details for all transactions that you are going to post, including debit and credit accounts, transaction types and amounts, and funding sources. |
Buttons
Upper pane
Button |
Description |
---|---|
Select |
Open the Select transactions to accrue revenue form, which you can use to select the transactions in time and material projects on which you want to accrue revenue. |
Print a list of the transactions that you have selected for posting. |
|
Post |
Specify a posting date and post the transactions that you have selected. |
Fields
Field |
Description |
---|---|
Project date |
The date that the transaction was posted to the project. |
Project ID |
The project to which the transaction is attached. |
Activity number |
The identification of the project activity. |
Category |
The project category to which the line is attached. |
Item |
The item that is associated with the transaction. |
Line property |
The attribute that defines cost and sales percentages and options for revenue accrual. |
Transaction type |
The type of transaction for the selected line. |
Transaction ID |
The summary or lot identification for transactions that are attached to the same hour transaction. |
Transaction voucher |
The unique identifier that is assigned to the transaction in the ledger. |
Description |
A description of the transaction. This description was entered into the Description field when the journal was posted. |
Transaction origin |
The type of activity that created the transaction, such as an hour journal or timesheet entry. |
Quantity |
The number of hours, expense items, items, or fee that are attached to the transaction. |
Sales tax group |
The sales tax group that is associated with this transaction. A sales tax group is a set of codes that are used to calculate tax for sales and purchases. |
Item sales tax group |
The item sales tax group that is associated with this transaction. An item sales tax group is a set of codes that are used to calculate tax for items. |
Invoice proposal |
The invoice proposal for the selected hour transaction. |
Sales currency |
The currency in which the project is invoiced. |
Sales price |
The sales price per hour of the associated category. This price includes any additional costs and charges. |
Accrued revenue |
A selected check box indicates that revenue from an hour transaction has been accrued. |
Accrued amount |
The amount of accrued revenue. This amount must be a number larger than zero if the Accrued revenue check box is selected on the Sale tab, which signifies that revenue has been accrued. |
Transaction status |
The current status of the selected transaction. |
Debit |
The ledger account from which the accrued revenue will be debited. |
Transaction type (Ledger updates tab) |
The type of transaction for the debit action. |
Credit |
The ledger account to which the accrued revenue will be credited. |
Offset account transaction type |
The type of transaction for the credit action. |
Amount |
The amount, in accounting currency, of accrued revenue. |
Funding source |
The funding source that is associated with the transaction. |
See also
Select transactions to accrue revenue (form)
About the Production + profit matching principle
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