Question

Capping POC, Project WIP, Periodic capitalisation

  • 17 November 2023
  • 0 replies
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Hi there,

 

We are having a problem with our project WIP. We set up a project group with the following settings on the attached screen shots

 

The estimated revenue was 100K with costs at 80k

 

The results are show shown in the final screenshot after the periodic capitalization…

 

The problem is, that it does not seem to recognise if the costs are going over and seems to report revenue that will never be received! Obviously this will be catastrophic for reporting!

 

Is there a setting we are missing somewhere

 

Any ideas??

 

Many thanks


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