Sample pa process flow by bev
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This document outlines the inputs, processes, and outputs involved in project accounting. It describes setting up projects in the annual capital plan, defining and setting up projects, accumulating project costs, closing periods and projects, and generating project reporting and analysis. Key steps include creating projects, entering budget information, maintaining project tables, accumulating labor and other expenses to projects, performing periodic and final project reviews, and generating management reports. The goal is to properly plan, track, and report on all project-related costs, labor, and revenues through the full project lifecycle.
Sample pa process flow by bev
- 1. Inputs Process Outputs Allocation and Depreciation Accounts Payable Other Expense Invoices Asset Fixed Assets PO 1.0 Order Goods and Services MR 1.0 Receive Goods and Services Process T&E Expenses Purchase Orders Receipt Information T&E Expenses Project Accounting Project Planning Setup Accumulate Project Costs Generate Project Revenue Project Analysis and Reporting Close Period Close Project Journal Entries Management Reports Maintain General Ledger Corporate Management Labor Labor Expense Expense Project Budget Setup and Project Plan Update Approvals Information BPI PA Process Flow Harris Consulting Oracle Apps Training 1 of 24 Manage Paper Records Records Ms. Beverley Baker-Harris Senior Oracle PM
- 2. SSC GLandAP SSCProjectAccountingBusinessUnitProject Accounting – Level 1 Level 1 Start Project Approval Identify personnel for project Make Adjustments Yes Require Adjustment? No End PA 2.0 Allocate Project Labor Costs (Time Reporting System) Project Completion Estimate Monitor Project Costs & Status CP 4.7 Define and Set-Up Project Capital Plan - Approval of Projects Fixed Assets PA 1.0 Define and Set-Up Projects in Annual Capital Plan PA 3.0 Maintain Project Tables PA 4.0 Perform Project Maintenance PA 5.0 Accumulate Project Costs PA 6.0 Close Period PA 7.0 Project Reporting and Analysis PA 8.0 Close/Cancel Project Monitor Project Costs & Status General Ledger General Ledger AP Detail PA 9.0 Regular Post Project Reviews BPI PA Process Flow Harris Consulting Oracle Apps Training 2 of 24 Ms. Beverley Baker-Harris Senior Oracle PM
- 3. SharedServiceCenter ProjectAccounting Corporat e Planning PA 1.0 Define and Set-Up Projects Approved in the Annual Capital Plan CP 4.7 Capital Plan - Approval of Projects PA 1.1 Receive Capital Budget with identified projects and BU project pools PA 1.2 Create Project (Establish Project ID) PA 1.3 Enter summary budget information into Oracle Projects PA 1.4 Notify Business Unit Controller and Corporate Planning that project has been created and communicate Project ID End 3 of 24 Ms. Beverley Baker-Harris Senior Oracle PM
- 4. SharedServiceCenterProjectAccountingBusinessUnitPA 2.0 Define and Set-Up Project Level 2 Start PA 2.1 Initiate Project Request PA 2.2 Review & Validate Project Request PA 2.8 Modify / Update Project Request PA 2.7 Notify Project Mgr PA 2.3 Send approved Project Setup Form (PSF) to Project Accounting Is Information Complete and Accurate? Yes PA 2.4 Select project template No PA 2.5 Project Set-up PA 2.8 Review as Required End 4 of 24 Ms. Beverley Baker-Harris Senior Oracle PM
- 5. BusinessUnitCorporat e PA 2.1 Initiate Project Request Level 3 PA 2.1.5 Review and Evaluate Project Approved? No PA 2.1.7 Request Cancelled Yes Start No PA 2.1.1 PA 2.1.2 PA 2.1.6 PA 2.1.8 BU completes / revises Project Setup Form (PSF) for proposed project PSF is routed for approval based on approval matrix Project Approved? Yes Project Budgeted? Program Status to “Budgeted” Advise Business Unit of Project Cancellation No End Yes PA 2.1.3 Business Unit confirms Project Manager PA 2.1.4 Project Manager finalizes project details on PSF End BPI PA Process Flow by Harris Consulting Oracle Apps Training 5 of 24 Ms. Beverley Baker-Harris Senior Oracle PM