PMA TM project vs internal project

  • PMA TM project vs internal project

    Posted by nazimlalji@hotmail.com on September 6, 2017 at 9:27 pm
    • Najeem JanatAli

      Member

      September 6, 2017 at 9:27 PM

      HI

      Since TM project is consider as an external and for billing to customer

      How about if internal projects are set up as TM, which is not going to be invoice. TM project cant be changed /revised to Internal project

      What be the consequence and effect once TM Project which is so called internal project, its closed/finished and not invocied

      please advise

      Thanks and best regards

    • Ludwig Reinhard

      Member

      September 7, 2017 at 12:48 AM

      ?Hi,
      If you post transactions on a T&M project and do not invoice them, then you basically replicate an internal project. There is no negative effect or something that stops you from closing such a project.
      Best regards,
      Ludwig

      ——————————
      Ludwig Reinhard
      SYCOR GmbH
      Goettingen
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    • Sonya Oltmann

      Member

      September 7, 2017 at 1:17 AM

      Also check to see how the TM project group is setup for costs and the GL…in our setup, if we don’t invoice a TM project, the costs (depending on line properties and categories) wouldn’t be expensed and would stay in our WIP account ‘waiting’ to be invoiced before moving to the expense accounts…

      ——————————
      Sonya Oltmann
      RFI Enterprises, Inc.
      San Jose CA
      ——————————
      ——————————————-

    nazimlalji@hotmail.com replied 8 years ago 1 Member · 0 Replies
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