Entering Finance Costs via Funding Journal
•Access the Function: Use the funding journal function.
•Select Type: Enter a "finance cost type" journal.
•Specify Value: Input the value of finance costs to date for:
o Each finance cost group.
o Each project linked to the facility.
•Dissect Costs: You must dissect the cost to the appropriate cost centre within the development ledger.
•Ledger Impact: This action automatically generates a journal entry in the development ledger, which will become part of your project's opening balances (this is the specific method for recording these opening balances).