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Question

Project cost correction — Report Code reclass or analytical GL posting?

  • May 4, 2026
  • 0 replies
  • 7 views

IFS Cloud. Rental object was assigned to the wrong project for a past period. Cost is sitting on the wrong project. Source reversal is blocked because the equipment is already out on a new rental on a different project (can't "return" it).

Two options on the table:

1. Project transaction pair with a dedicated Reclass-type Report Code: credit wrong project, debit destination. Produces a T voucher pair, keeps project ledger and GL aligned.
2. Pure analytical GL posting: manual voucher correcting the code-string dimensions only. Doesn't touch the project ledger.

Which do you use in production, and why? Anything I should watch out for if I go the Report Code route?