Reclassifying Project Expenses

If a project-related accounts payable bill has been released with the wrong information specified, the cost budget of the corresponding project will be calculated incorrectly. You can reclassify the bill to correct any of the following data: GL account, subaccount, project, project task, or cost code. You can also change the link to commitment in a bill line to another commitment.

In this chapter, you will find general information on how to reclassify project expenses, a checklist for system implementation, report and inquiries that can be useful to find and view related transactions, and the description of GL transactions and project transactions generated by the system during the reclassification process.