Configure Default Project Inventory Accounts
Use this screen to establish project inventory accounts and organizations to be used as defaults when setting up new inventory projects.
Accounts and their assigned account types, as well as organizations and org abbreviations, are established in Costpoint General Ledger. Account and organization information must be valid and active.
Note: In Costpoint versions prior to 6.0, this screen was named Default WIP Asset Accounts.
Set up this screen when Costpoint is initialized, before setting up inventory projects, and maintain it whenever you need to modify default accounts.
This screen has the following four tabs:
- Average Actual Default Accounts
- Average Actual Default Variance Accounts - Breakdown
- Standard Cost Default Accounts
- Standard Cost Default Variance Accounts
Use the fields and options on the four tabs to configure the Configure Default Project Inventory Accounts screen.
- Related Topics:
- Display the Configure Default Project Inventory Accounts
You access the Configure Default Project Inventory Accounts screen from the Materials domain. - Table Information for the Configure Default Project Inventory Accounts Screen
Changes to the Configure Default Project Inventory Accounts screen update the INVT_SETTINGS and ORG tables. - Tabs of the Configure Default Project Inventory Accounts Screen
The Configure Default Project Inventory Accounts screen has the following tabs: Averate Actual Default Accounts, Average Actual Default Variance Account Breakdown, Standard Cost Default Accounts, and Standard Cost Default Variance Accounts.
Parent Topic: Inventory Controls