Below is the list of (most common ‘Required’) Setups under Project Financial Management in 23B release.
Apart from the below – a Projects Consultant will also need to be conversant with
a) Home > Others > Resource Directory (Resources/Organizations) – needed for Contracts (in a large organization) needing Security between user groups.
b) Procurement > Procurement Transaction Account Rules – needed if POs (Expense/Inventory) are cut against Projects
c) Financial > Payables > Subledger Accounting – needed if AP Invoices are raised against Projects
d) Financial > Receivables > Subledger Accounting – needed for Contract Invoice Accounting
e) Manufacturing and Supply Chain Materials Management > Cost Accounting > Subledger Accounting – needed for Project Driven Supply Chain
It might be overwhelming at first – but with time – everything will make sense.
| Functional Area | Tasks |
|---|---|
| Initial Users | Run User and Roles Synchronization Process |
| Enterprise Profile | Manage Reference Data Set Data Access for Users |
| Manage Geographies | |
| Manage Locations | |
| Legal Structures | Manage Legal Jurisdictions |
| Manage Legal Addresses | |
| Manage Legal Entity | |
| Manage Legal Entity Registrations | |
| Financial Reporting Structures | Manage Currencies |
| Manage Conversion Rate Types | |
| Manage Daily Rates | |
| Manage Primary Ledgers | |
| Specify Ledger Options | |
| Review and Submit Accounting Configuration | |
| Organization Structures | Manage Business Unit |
| Assign Business Unit Business Function | |
| Manage Business Unit Data Access for Users | |
| Manage Common CRM Business Unit Profile Options | |
| Workforce Structures | Manage Divisions |
| Manage Departments | |
| Manage Department Trees | |
| Manage Job | |
| Manage Organization Trees | |
| Project Organizations | Manage Project Unit Organizations |
| Manage Project Unit Options | |
| Manage Project Unit Set Assignments | |
| Manage Organization Hierarchies and Classifications | |
| Manage Project Organization Classifications | |
| Configure Project Accounting Business Function | |
| Submit Process to Maintain Project Organizations | |
| Manage Project Organization Classifications Data Access for Users | |
| Users and Security | Manage HCM Role Provisioning Rules |
| Manage Users | |
| Project Foundation | Manage Accounting Calendars |
| Manage Accounting Periods for Project Financial Management | |
| Manage Project Accounting Periods | |
| Manage Revenue Categories | |
| Manage Expenditure Categories | |
| Manage Expenditure Types | |
| Manage Work Types | |
| Manage Project Statuses | |
| Manage Resource Classes | |
| Manage Nonlabor Resources | |
| Manage Rate Schedules | |
| Manage Labor Costing Rules | |
| Manage Organization Costing Rules | |
| Manage Planning and Billing Resource Breakdown Structures | |
| Manage Project Types | |
| Configure Project Numbering | |
| Manage Project Templates | |
| Project Control | Manage Financial Plan Types |
| Manage Project Plan Types | |
| Project Costing Base | Manage Project Costing Value Sets |
| Manage Project Costing Descriptive Flexfields | |
| Manage Project Costing Messages | |
| Manage Project Costing Attachment Categories | |
| Manage Project Transaction Sources | |
| Derive Billable Status of Expenditure Items from Work Type | |
| Derive Work Type for Project Expenditure Items | |
| Specify Number of Parallel Import and Process Cost Programs | |
| Specify Allocation Method for Zero-Basis Amounts | |
| Manage Project Standard Cost Collection Flexfield | |
| Allow Cost Transactions with Zero Quantity as Nonbillable | |
| Configure Project Accounting Business Function: Borrowed and Lent Options | |
| Manage Project Transaction Sources: Cross-Charge Indicator | |
| Manage Transfer Price Rules | |
| Manage Transfer Price Schedules | |
| Project Contracts | Manage Contract Line Types |
| Manage Contract Types | |
| Specify Customer Contract Management Business Function Properties | |
| Manage Common CRM Business Unit Profile Options | |
| Project Billing Base | Manage Event Types |
| Manage Billing Cycles | |
| Manage Revenue Methods | |
| Manage Invoice Methods | |
| Manage AutoAccounting Rules | |
| Internal Project Billing | Manage Billing Resource Breakdown Structures: Intercompany Indicator |
| Manage Intercompany Customer Supplier Association | |
| Transaction Tax | Manage Tax Regimes |
| Manage Taxes | |
| Manage Tax Rates and Tax Recovery Rates | |
| Project Performance Reporting | Manage Key Performance Indicators |
| Project Accounting | Manage User-Defined Formulas |
| Manage Journal Line Rules | |
| Manage Description Rules | |
| Manage Mapping Sets | |
| Manage Account Rules | |
| Manage Supporting References | |
| Import Supporting Reference Initial Balances | |
| Manage Subledger Journal Entry Rule Sets | |
| Manage Accounting Methods | |
| Activate Subledger Journal Entry Rule Set Assignments | |
| Manage Subledger Accounting Options | |
| Manage Subledger Application Transaction Objects | |
| Manage Subledger Accounting Profile Options | |
| Application Extensions | Set Help Options |
| Manage Reference Data Set Data Access for Users | |
| Manage Configuration Set Migration Target Security Policy |