Question

Revenue Recognition Forecast: Transfer to Business Plan: why project costs are not transferred

  • 28 October 2023
  • 0 replies
  • 36 views

Userlevel 2
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  • Sidekick (Customer)
  • 32 replies

Hello IFS Community,

I have recently encountered an issue with the Revenue Recognition Forecast Transfer to Business Planning in IFS Cloud. It seems that when this transfer is executed, only project revenue and project accounts receivable amounts are being transferred to Business Planning transactions, while project costs and accounts payable do not get transferred.

Our expectation was that costs and possibly accounts payable would have been part of the transfer, and so I am asking is there a specific configuration or setting that I might be missing that prevents project costs and accounts payable from being included in the transfer?

I would appreciate any insights or guidance on how to address this issue, as it has the potential help our financial planning and reporting processes significantly.

Best regards,
Lauri


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