This topic discusses changing the owning organization of a given project and how Costpoint can help facilitate this change.

A project can have only one owning organization. This organization is used by various processes and reports within Costpoint. Changing the owning organization is a major event in the life of a project, so careful planning is needed before proceeding.

The automatic tracking of organization changes is optional in Costpoint but is highly recommended. You can use the Process Organization Changes utility to transfer balances from the old organization to the new organization in the General Ledger (G/L). This ensures that any processes that reference the G/L are correct. Additionally, the utility changes the organization of any open receivable in Accounts Receivable (A/R) history to ensure that the correct organization is used when invoices are paid.