D365 Finance & Operations and Dynamics AX Forum

 View Only
  • 1.  D365 Projects

    Posted Aug 01, 2019 01:32 PM
    Hi All,

    Recently we have embarked on an adventure to add #Projects (maybe officially called Project Management/Accounting) to our #D365 environment.

    We are implementing this module to be fully integrated with our F&O implementation which has only been up and running since Jan 1.

    I wonder if there are any "gotchas" we should be aware of up front?!


    ​​ ​

    Mark Sampson
    Aras Corporation
    Andover MA

  • 2.  RE: D365 Projects

    Posted Aug 02, 2019 09:40 AM
    Hi Mark,

    This is quite a broad question.  Projects has a huge amount of flexibility.  What part of your business will be using Projects, and for what type of activities?

    Best Regards,

    Marlene Baldwin
    Sr Consultant
    Stoneridge Software

  • 3.  RE: D365 Projects

    Posted Aug 02, 2019 04:16 PM
    Projects is so powerful one would need to know how you are using it to tell if there were any gotchas.

    Honestly, I think making sure you have your list of uses for Projects before you configure it is the most critical step.  Are you selling to customers through Projects?  Internal customers and external customers?  Will you have capitalized Projects?  Will there be labor reporting into Projects?  Will your projects have FinDims?  Will your Projects be a FinDim?  

    So many questions!

    [Wendy] [Muar]
    [Lead Functional Consultant]
    [Peabody [MA][https://www.gravoc.com/]

  • 4.  RE: D365 Projects

    Posted Aug 02, 2019 05:59 PM
    I would second Marlene's comment this is a bit too broad to provide meaningful answer.

    One general advice is to pay special attention to the posting profiles of the module ("Ledger Setup Posting"), just as you would do when setting up posting for the inventory module.
    It is easy to set up incorrectly and cause the accountants an ocean of a headache.

    A recommendation I always make is to avoid setting up posting rules for specific categories or specific projects, since later you would find yourself constantly changing posting configuration  / re-testing every time a new category is created.
    On the opposite side, I recommend to avoid creating posting rules with the criteria All/All as it tends to default on you when you do not intend to (so a user created a new category and forgot to set up explicit posting rule, the system will post to the "default" and you may not know for a while that you are posting incorrectly.

    Another pitfall - carefully consider the list of project categories you define as it is hard to change them later on.

    Zvika Rimalt
    Functional Consultant
    Vancouver BC

  • 5.  RE: D365 Projects

    Posted Aug 05, 2019 08:21 AM
    Thanks all, this is great.
    As of today, I'm outside of the project lead team.  I imagine this will change.
    In our current scenario, using a couple of systems, we bill consulting hours and travel expenses to our customers.
    I will need to investigate how we plan to use the financial dimensions capabilities and what our posting rules are looking like.
    Thanks again - more input certainly welcomed.
    Have a great week,

    Mark Sampson
    Aras Corporation
    Andover MA

If you've found this thread useful, dive deeper into User Group community content by role