Expence Recognition Overview

Tobias Stenbråten Updated by Tobias Stenbråten

Here you can view details for the selected fixed asset, including:

  • Sum Asset – The sum of all assets in the list in the form
  • Beginning Balance – The sum of the starting balance based on the category selected "yes" to beginning balance
  • Ledger – Any finance recognition you have completed

The Journals tab displays the journal batch number and allows you to navigate directly to the posting.

The Log tab maintains a record of any postings that did not complete successfully due to unmet requirements, such as missing financial dimensions.

Keep in mind that unposted journals will be deleted. You can correct the data and run the wizard again with the correct requirements.

Updates to Cepheo Project Statement

When the expense recognition is selected to yes (marked in blue) the statement will include all postings made in the wizard. When not marked it will include all transactions posted to the project.

Toggling the expense recognition setting on or off will change the total amount displayed in the overview. The variance will always appear under the expense transaction type.

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Expense Recognition Wizard

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