Post Project Expenses
After Project expenses are Approved, they are ready to be posted. Upon posting project expenses, the following happens in the system:
- Budget Committed Costs are reduced
- Budget Actual Costs are updated
- Costs and Commitments are rolled to project level summaries
- Time and Material expense details are available to be billed
- Expense transactions are integrated to back office Accounts Payable solution
Video
Procedure
- Navigate to Project Expenses / Approved Expense Reports View
- Select one or more Project Expenses from the view, and click Post from the top navigation bar.
- Individual Project Expenses can also be posted by opening the Project Expense Report and clicking the Post button
