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.