D365 F&O: Project Cost Control Settings

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In this video.

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We will look at project budget control settings. Budget control is usually configured separately for each project.

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However, several settings for budget control apply to all projects. Let's look at project cost control settings. If we go to project management.

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An accounting set up, project management and accounting parameters.

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And we go to cost control.

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When you change these global settings, they apply only to new projects. Existing projects are not affected.

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So under cost control here, we specify whether we want the cost controls to apply to remaining or total budget.

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Which cost template to use as default? Obviously we can create new templates.

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Here we choose which forecast models will apply to our original total and remaining forecasts.

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Under cost commitments, we need to decide whether we want a budget control before actual costs are posted, or only when actual costs are posted to the project. To perform budget control. When the actual costs are posted.

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To the project.

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We leave all the toggles off.

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For budget control, before the actual costs are posted, that is committed costs, we toggle on the desired transaction type.

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When these transactions are submitted to the workflow, the project budget is checked and the available budget amounts are reduced.

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Now to do this before the transaction is submitted to workflow. When the transaction is saved, we can toggle the cheque budget on document line save.

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Here we can also select the default intervals.

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And toggle other options for carrying forward remaining budgets at the end of the year.

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Now the default setting allows budget overruns.

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And we can define overrun.

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Options for specific user groups or projects in the project. Budget settings for user groups form which is accessible here.

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Again, if we change this option, it will only apply to new projects. It will not affect existing projects.