Can we make Cost Types WIP Adjustments?

Document ID : KB000028501
Last Modified Date : 30/07/2018
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Question:

Can we make Cost Types WIP Adjustments?

Answer:

​If an actual transaction was posted into WIP with an incorrect Cost Type (Operating or Capital), it can be corrected by using the following steps:

  1. Log in to PPM as a user that has the access rights that allows you to change the Cost Type on a Project Task.
  2. Locate the task associated with the actual transaction and change the Cost Type
  3. Go to 'Create WIP Adjustment' list page; locating the specific transaction
  4. Open the transaction and click the 'Save' button
       Notes:
  • No need to make any changes to the transaction
  • The cost type will still show up incorrectly here, that is okay
       5. The transaction will show up on the 'Approve WIP Adjustment' listing
       6. Approve the Adjustment (Now the transaction will have the correct Cost Type associated) 
       7. Now the transaction will have the correct Cost Type associated. You can see the 'adjusted' Cost Type value on the 'Posted Transaction Review' portlet 
Additional Information:
Reference the following Tech Tip: Can we make Cost Types WIP Adjustments?