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Journal Types Available in the Projects

Journal Types Available in the Projects Hours The hours journal is used to register the time consumption on a particularproject. You can set up an approval process for hours journals by using the Journal Approval form (Project ➤Setup ➤Journals ➤Journal Approval). Cost This is simply a GL general journal. Project costs can be entered from this journal or from General Ledger ➤Journals ➤General Journal. The journal names for cost journals are set up via the General Ledger module. Revenue This journal is used to record revenue for a project. Item Consumption This journal is an inventory-management journal and thus the journal names are set up in the Inventory Management module. This is similar to simply using a sales order to record project item consumption. Web The web journal will record hours via the Enterprise Portal and place them in this journal to be transferred to another journal as specified in the Project Parameters form, Project ➤Setup ➤Parameters. You cannot act