Anyone know a good trick on how to setup a Project in GP to show posted revenue and expenses at time of conversion?
I'm converting a company to use Project Accounting but they would like to see % Complete for open projects done at time of conversion.
I can put in a budget amount, but don't know how to reflect the billings. Do I have to "fudge" the billings by Project by creating expenses, billing them and then delete the batches before they post to the GL? If I post to AR as well, then I'll have unecessary invoices to void.
Anyone know a good way to get this done?
I was also thinking of updating SQL tables at the Project Level but a "reconcile" or "checklinks" might clean those out.
Thanks!
Mark