Question

Project with financial origin

  • 23 August 2023
  • 2 replies
  • 42 views

Userlevel 2
Badge +9

Hello, 

 

Is it possible to have a project with a financial origin and still do capitalization and revenue recognition for this project ?

 

Best regards.


2 replies

Userlevel 6
Badge +19

Hello @Abdessamad 

yes it is possible to do capitalization

Userlevel 7
Badge +18

Hi, 

Yes, absolutely you can do nearly all the same for a financial origin project as you can do for the project management type origin.  

You cannot use the project management option where certain portions of a project would not be capitalized. That option is only available for project management type projects.  

You cannot use the activity to drive POC for a finance only project.  

You can use events, you can use actual cost, most other processes offer the same capabilities. 

I typically suggest a finance only type project for testing, it it’s faster / easier and with very few exceptions produces the exact same results.  

Best regards, 

Thomas

 

Reply