<< Show table of contents >>   Projects > Opened project > Journals > Journal class: Project accounting (costs from external projects) > Fundings

Journals of the Project accounting (costs from external projects) journal class are automatically assigned all fundings of the project that has the Postable when the project is posted to as an external project setting activated.

On this tab, specify which of the assigned fundings the costs and income from rounding differences should be assigned to. If only one funding is available, it is already assigned. To assign a funding for rounding differences, click on Edit at the bottom of the page. Select the funding. Click on Save and Release. The assigned funding is forwarded to WINPACCS Accounting when the project is published.

Usually, costs and income from rounding differences are within the decimal range. For a month-end closing, the moving average rate procedure requires a recalculation of the balances in company currency for the sub-accounts, whose balances are relevant for the balance in calculating the average rate. These are the sub-accounts of the balance account (bank, cash) account class. The balances in company currency of the individual sub-accounts change, but the total of the balances remains the same. This procedure can lead to rounding up/down differences that can be posted as costs or income within the framework of the revaluation.

For further information on the moving average rate procedure please refer to the WINPACCS White Paper Moving Average Rate Procedure WINPACCS Accounting 4, which you can download at: www.winpaccs.com.