Project adjustments

Article
05/24/2024

Applies To: Project Operations for stocked/production-based scenarios

Adjustments overview

You can configure Microsoft Dynamics 365 Project Operations so that users can make changes to posted transactions. You can adjust project transactions individually, or you can select multiple transactions at a time in a list of all project transactions. Project adjustments are used, for example, to mass-update the billable status, recalculate cost after a configuration change, or update funding sources.

Users can access the project adjustment functionality in several ways:

By using the Adjust transactions page that can be accessed from Project Management and accounting > Setup.
By using the Adjustment button on the Posted project transactions page that can be accessed from Project Management and accounting > Transactions.
By using the Adjustment button on the Posted project transactions page in the context of a project. This page can be accessed from Project Management and accounting > All projects.

To allow for adjustments you must enable one or more transaction statuses from Project Management and accounting > Project Management and accounting paramaters on the General tab under the section Allow adjustment of transaction status. Examples of transaction statuses include posted transactions, invoiced transactions, or eliminated transactions. Any transaction status that is set to No will have transactions in that status that won't appear within the adjustment process as selectable for adjustment.

A configuration option that is named Always create adjustment transaction is currently available in Project management and accounting parameters. You can disable this option to update the original transaction instead of creating new transactions during adjustment in a subset of scenarios. It has been announced that this parameter will be deprecated by March 1, 2023. After March 1, 2023, the system will always behave as if the option is enabled.

Adjustments process flow

The following steps show the typical flow for processing adjustments.

Open the Project adjustments page.
Select Select to search for transactions that meet the expected criteria for adjustment.
In the list of transactions, select all transactions or a subset of the transactions for adjustment.
Select Adjust, and modify the attributes on the line. Alternatively, if the values were manually specified during transaction entry, you can select to enter default system values.
The list of transactions is returned, and a check mark appears in the Pending adjustment column to indicate where changes were made. Any adjustments that have pending changes are shown in the lower half of the page. There, you can make additional detailed changes beyond what was shown on the previous page.
Select Post to post the adjustment transactions.

Depending on the configuration, new transactions are typically created for the adjustment.

The Invoice Status field of the original transaction is set to Adjusted.
A reversal transaction is created to reverse the original transaction, and the Status field is set to Adjusted.
A new transaction is created that has the changes that were made during the adjustment process.

Selecting multiple posted project transactions at a time for adjustments and credit notes

A new feature that was introduced in the 10.0.30 release enables the selection of multiple transactions for adjustment at a time from the Posted project transactions page.

Before you can use this feature, it must be enabled in your system. Admins can use the Feature management workspace to check the status of the feature and enable it if it's required. In the Feature management workspace, search for and select Multi-select posted project transactions for adjustments and credit notes, and then select Enable now.

This feature enables the following key functionality:

It can be accessed from the posted transaction page within a project by using the existing Adjustment button.
It enables a multi-row select control on the Posted project transactions page. You can apply filters to the list page and select your records before you begin adjustments.
It disables the Adjustment button if any single transaction can't be adjusted, or if you select a combination of credit notes and journals together instead of individually.
Because of the addition of the multi-row select control, the Committed cost link in the ribbon is no longer disabled if multiple rows are selected.
It adds the following warning message: "You have selected more than (selected number) records for adjustment. Proceeding with this action might take some time. Are you sure you would like to proceed with this action?"

This feature also removes step 2 from the process flow that was described earlier in this article. Therefore, any transactions that were selected before the Adjust transactions page was opened will be included in the list of transactions for adjustment. You don't have to use the Select button to search for them.

Note

Even if this feature is disabled, you can still select multiple records for adjustment. However, only one record will remain selected, and the Select transactions dialog box will appear immediately after you select to open adjustments.

Adjustment transaction statuses that can be enabled or disabled for adjustments

The following statuses can be enabled or disabled on the General tab of the Project management and accounting parameters page:

Posted
Invoice Proposal
Invoiced
Estimated
Eliminated
Beginning balance (hour)

Adjustment parameters

These parameters are listed on the Project management and accounting parameters page on the General tab under the Adjustment group and will modify behavior for how adjustments are processed.

Parameter name	Description
Always create adjustment transaction	If this parameter is enabled, the adjustment process will always create a new reversing transaction and new adjusted transaction when there is a financial or reporting impact. If the parameter is disabled, the adjustment process will update the original transaction instead of creating a reversal and new transaction for a scenario such as an update of the transaction text.
Autoupdate field	If this parameter is enabled, the system will recalculate cost price and sales price.
Use adjustment date as new project	This parameter is used to move transactions into a future fiscal period before the system supported this function. We don't recommend that you use it, because it changes the business date of the transaction and will be deprecated in a future release.
Allow closed activities	Usually, transactions can't be created for closed activities. If this parameter is enabled, that behavior is overridden. Therefore, adjustments can be created for closed activities.

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