This can be done by selecting the “set cost to complete zero” cost to complete method.Īfter the estimate is created you can identify the total costs accumulated in the WIP tab of the estimate form. The first step required in the estimate form is creating an estimate that accumulates all costs recorded. ![]() ![]() Once your construction project is finished and provided that all costs have been recorded on your project, you can transfer those costs to a fixed asset by using the estimate function. ![]() In my case, I recorded hour, expense and item costs that add up to a total of 17300 EUR as shown in the next screenshot. … that you use for recording all construction costs. Once your investment project group is setup, you need to create an Investment project… This blog post illustrates how you can use the Dynamics AX project module to track the costs of constructions in progress and transfer those costs later on to a fixed asset once the construction is finished.īefore you are able to track the costs of your construction in progress you have to ensure that an investment project group is setup that accumulates all costs on balance sheet accounts as illustrated in the next screen-print.
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