Project execution overview

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

The following topics provide information about project execution.

View and record transactions

Maintain project invoices

Recognize revenue

Execute projects business process component forms

The following table lists the forms that support the project execution business process component. The table entries are organized by business process component task and then alphabetically by form name.

Note

Some forms in the following table are available only if prerequisite information or parameter settings have been entered in the system.

Business process component task	Form name	Usage
View and record transactions	Accrue revenue	Post transactions on which you want to accrue revenue in time and material projects.
	Adjust transactions	Specify the number of lines that a transaction should be divided into and make other optional changes to transaction values and field properties.
	Adjustments	Adjust project transactions. You can adjust one transaction as a whole on one adjustment line, or you can change a part of the transaction by dividing it into multiple lines.
	Create production order	Create a production order for a project.
	Create purchase order	Create a purchase order for a project.
	Create purchase requisition	Create a purchase requisition for a project.
	Create sales order	Create a sales order for a project.
	Edit forecast transactions	Update existing forecast lines.
	Hour transactions Expense transactions Item transactions Fee transactions	View hour, expense, item, and fee transactions.
	Item requirements	Reserve a quantity of items for a project, and then consume the items when necessary. An item requirement is a reservation of items for a project from the company's own inventory.
	New request for quotation	Create a request for quotation for a project.
	New timesheet	Create and update timesheets.
	On-account	Enter on-account transactions on projects. The information that is entered in this form differs depending on the project type.
	Post costs	Transfer costs from hour, expense, and item transactions that are posted but not invoiced to Profit and loss and Balance ledger accounts.
	Project contracts	Specify the invoice frequency for an existing project contract. Create invoices for time and material projects.
	Project groups	Create a provision for foreseeable losses in project groups. The provision for foreseeable losses applies to fixed-price and investment projects only.
	Purchase agreements	Create a purchase agreement for a project.
	Sales agreements	Create a sales agreement for a project.
	Select transactions for adjustment	Select transactions that you want to adjust and optionally filter the records by defining a time interval.
	Select transactions to accrue revenue	Select transactions in time and material projects on which to accrue revenue.
	Select transactions to post costs	Select the transactions that you want to post costs to.
	Timesheets for my review	Review, approve, or reject timesheets that have been submitted.
	Transaction	View transactions that are entered for a particular cost line.
Maintain project invoices	Create on-account invoice proposals	Generate on-account invoice proposals for all projects or selected projects.
	Create on-account invoice proposals	Generate on-account invoice proposals for all projects or selected projects.
	Invoice proposals	View and update preliminary project invoices. Approve, reject, or revoke approval for an invoice proposal.
	On-account	Enter on-account transactions on projects. Create invoice billing schedules.
	Post invoice proposals	Print, preview, or post either a single invoice proposal or multiple invoice proposals.
	Select for credit note	Choose transactions that you want to reverse or to credit back to the customer on a selected invoice.
Recognize revenue	Create estimate	Create an estimate that has a specified estimate date. The estimate includes all transactions that occur on or before the estimate date and that have not been included in any previous estimate. This applies to hour, expense, item, and on-account transactions only.