Ledger posting setup in AX 2012 Project accounting

Hi, in this I am going to describe you the different ledger posting journalizing setup options available on the Project group setup form.
Option
Description
Balance
This option when selected don’t allow to accrue revenue in a time and material project.
Profit and loss
This option allows to accrue the revenue in a time and material project.
No ledger
Only applicable to the hour type transactions. When selected, doesn’t post the voucher upon the hour journal posting. Instead, at the time of project invoice posting; the project cost accounts gets debited and the payroll allocation account gets credited with the equal amount.
Never ledger
This is same as No ledger except the fact that hour cost never get posted to ledger even at the time of invoice update.

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