It often happens that project managers have specific requests as they want to settle the various costs, primary and secondary, and revenues differently. An additional feature is necessary, such as the source structure, to be able to address this need. Therefore, you will learn more about the source structure that can be linked to the settlement profile of your project.
General Purpose
Utilizing a Source Structure allows you to accurately allocate costs and revenues depending on their origin. It controls the settlement to different receivers according to the original cost elements posted to the WBS element.
The source structure is complementary to the allocation structure that focuses on the way the WBS element postings will be settled (through an original G/L account or dedicated secondary settlement account).
The source structure is an optional feature. Inside, you can gather the primary and secondary cost elements used for debit postings to your project into source assignments. Then, it offers the possibility to create G/L account groups that will be handled differently in the distribution rules of the WBS element’s settlement rule.
Therefore, you need to create source assignments in the Manage Your Solution app in three main steps:
- Create a source structure.
- Define the assignments (subdivisions in which homogeneous accounts will be later gathered).
- Define the source for each assignment (range of accounts to be included in it).
In the previous figure, you can see how a source structure is configured. Here, the postings to be settled are differentiated into three subdivisions (assignments). Each of them is mapped according to its belonging to a group. For example, a posting on one of the G/L Account Personnel costs (Source) for a specific project will be submitted to Assignment 15 Personnel Costs. Later this specific assignment will determine which distribution rule will be applied.
