Associate the Project Supporting References to Accounting Methods

Associate the supporting references you created in the preceding task to the accounting method for each subledger account.

Note: You must associate project supporting references to the accounting methods in all project cost source systems and in all accounts that contain project cost transactions.

The following steps use a Payables account as an example. Use them as a guide for associating the supporting references to each accounting method.

1. Navigate to Setup and Maintenance and select the Payables functional area under the Financials offering.

2. Click Show - All Tasks and then select the Manage Accounting Methods task.

3. In the Search area, search on the accounting method that contains journal entry rule sets for the subledger accounts.

4. Click the link to the accounting method to edit it.

5. In the event class row, click the rule set to edit it.

   This is where you add a new journal line for invoicing to the event class rule set and associate the supporting reference to it.

6. In the Journal Lines area, click Add Row (+ icon) and select the following values to add a journal line rule for invoicing:

   • Line Type

   • Journal Line Rule

   • Account Combination Rule

   Note: If you have two journal line rules for invoicing, there can’t be an overlap or a gap in the effective dates. They must be successive.

7. With the new journal line highlighted, scroll to the Supporting References area below the Journal Lines area and click Add.

8. Select the project supporting references and then save your changes.

   Note: The event class in the supporting references must be the same as the event class in the journal rule set. For example, if one of the sources in the supporting reference is for the Invoicing event class, then the journal rule set must also be for the Invoicing event class.

9. Change the status to Active. Alternatively, you can run “Activate Subledger Journal Entry Rule Set Assignments.”

10. Click Save and Close.

    This returns you to the Accounting Method page.

11. Make sure the status of the accounting method is Active and then save it.

    Continue to add supporting references to journal line rules in each accounting method for every project cost source as necessary.