Actuals impact for an internal project

Applies to: Project Operations for resource/non-stocked based scenarios, Lite deployment - deal to proforma invoicing

The following table lists the actuals of different transaction types that are created at various events in an internal project engagement.

Event	Cost actual	Example
Time is created.	Not applicable	Bob Kozack, from the Fabrikam US organizational unit that has a cost rate of 100 US dollars (USD 100) per hour, is working on a project that is named "Arm Installation at Adatum." This project is mapped to a fixed price billing method on the contract line. Here is a sample time entry from Bob Kozak: Bob Kozack - 8 hours
Time is submitted.	Not applicable	A cost journal line is created for the time entry. The default cost rate is entered in the journal entry.
The time entry is recalled before it's approved.	Not applicable
Time is approved.	A cost actual is created.	New actual that is created: Cost actual: Bob Kozack, 8 hr, USD 800
The time approval is canceled.	The adjustment status of the original cost actual is updated to Adjusted. A reversal cost actual is created that has an adjustment status of Unadjustable.	Existing actual that is updated: Cost actual: Bob Kozack, 8 hr, USD 800, Adjusted New actual that is created to reverse the previous financial impact: Cost actual: Bob Kozack, (8 hr), (USD 800), Unadjustable
The time entry is recalled after it's approved.	The adjustment status of the original cost actual is updated to Adjusted. A reversal cost actual is created that has an adjustment status of Unadjustable.	Existing actual that is updated: Cost actual: Bob Kozack, 8 hr, USD 800, Adjusted New actual that is created to reverse the previous financial impact: Cost actual: Bob Kozack, (8 hr), (USD 800), Unadjustable