Project Information in Account Derivation for Procurement Transactions

You can use project information to set up rules to derive accounts, for sponsored project procurement transactions in requisitions and purchase orders.

Use project-related attributes to derive transaction accounts by applying them as:

• Input sources for creating mapping sets.

• Values for account rule priorities.

• Account rule conditions.

Aspects of using project information for account derivation that are covered in this topic are:

• Example

• Attributes

• Setup

Example

For example, you can set up an account rule to select the account to which a project expenditure should be charged. Base the rule on the contract number, or the funding source of an award, or the contract owning organization.

Attributes

The following are some of the project attributes you can use in account rules.

• Award Owning Business Unit

• Award Purpose

• Award Type

• Contract Number

• Funding Source

• Principal Investigator

How You Set Up Accounting Rules

Set up account rules using the Setup and Maintenance work area, in the Procurement offering, Procurement Transaction Account Rules functional area.

For more information refer to the following white paper available on My Oracle Support (MOS): Transaction Account Builder in Oracle Fusion Procurement (document ID 1507175.1).