Task and Expenditure Type Overrides

In the Joint Venture System Options, a joint venture application administrator has the option to set up overrides for the task and expenditure type in all cost adjustments sent to Oracle Project Costing. This enables project accountants to budget and forecast on net costs, gross costs, or both. They can use this information to correctly calculate the capitalizable amount.

The task and expenditure type overrides apply to all joint ventures; they can’t be set up for individual joint ventures. All cost adjustments sent to Project Costing, regardless of the task and expenditure type entered in the original transactions, are overwritten with the values from the system options. See Set Up Overrides for Task and Expenditure Type in Cost Adjustments for more information.