Setting up Project Accounting in Acumatica: Account Groups
There are many steps to consider when preparing to do project accounting in Acumatica. Perhaps one of the most important considerations is how to setup Account Groups. An Account Group is mapped to specific General Ledger accounts and is used to track project budget, expenses and revenue. (For readers familiar with Dynamics SL – Account Groups are referred to as Account Categories.) By mapping a GL account to an Account Group you will require users to enter in a Project ID each time they enter a transaction for that account. […]