Accounting Class Usages in Projects

An accounting class usage is a group of accounting classes that provides a systematic way to identify the characteristics of a particular journal entry line or to retrieve a specific account for a transaction.

In Project Financial Management, for example, a single journal entry may contain journal entry lines for raw cost, raw cost clearing, burden cost, burden cost clearing, burdened cost, or burdened cost clearing. To determine the journal line that represents burden cost, the burden cost accounting class usage retrieves the account within the journal entry to which the burden cost was posted.

Project Financial Management uses accounting class usages to retrieve accounts for asset generation, borrowed and lent processing, and cost adjustments. These processes assume that only one journal entry line or account will be returned for each accounting class usage. If you modify the accounting class usages, ensure that each usage returns only one account for a given journal entry. This can be done by associating only one project accounting class to an accounting class usage.

For an event class, if you modify or add journal line rules for a specific cost, ensure that the accounting classes are unique across the journal line rules.