Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 3 · Organization Structures
Business units and the project accounting function
Lesson 29 of 198 · 12 min
Review an existing business unit, or create one. Assign business functions and enable the project accounting business function. Set the primary ledger and legal entity in financial reporting, show the business unit now appearing in PPM setup tasks, create a second business unit for the Meridian scenario, and show a business unit WITHOUT the function, and where it fails to appear. THE PROJECT ACCOUNTING BUSINESS FUNCTION IS THE SWITCH. Without it the business unit is invisible to PPM. First thing to check when a business unit does not appear. The ledger association is where project accounting eventually posts. Module 12's transaction account definitions attach here. Business unit set assignments come in Lesson 14.
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue, with a certificate on completion and a fourteen-day refund window.
In this module: Module 3 · Organization Structures
- 1What we are building
- 2The decision you cannot undo
- 3The organization object model
- 4The project unit
- 5Owning versus expenditure organizations
- 6Running the structure design workshop
- 7Four worked structures
- 8Business units and the project accounting function
- 9Creating organizations
- 10Classifying organizations
- 11Organization hierarchies
- 12Creating project units
- 13Project unit options
- 14Reference data set assignments
- 15Associating project units with business units
- 16Proving the structure works
- 17What breaks
- 18Lab briefing: Meridian Consulting
- 19Lab solution walkthrough