Dimensions in Pryme Funding
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Dimensions can be applied to all Fund ledger entry types. The source of dimensions depends on the entry type:
- Commitment entries: Use dimensions from the Funder (customer) card and/or the Fund card.
- Allocation entries (Reservation & Usage): Use dimensions from Funder/Fund and Project.
Dimension Priority
When Funder, Fund, and Project use the same dimension codes, a Default Dimension Priority can be set per entry type:
- Commitment: Defaults to Fund over Funder.
- Allocation entries (Reservation & Usage): Default to Project over Fund/Funder.
Use dimension priority settings to change these defaults. Learn more about dimension priorities here.
Important Note
For Usage entries, if “Post usage to G/L” is enabled, the G/L entry inherits dimensions from the fund ledger entry of type usage.Applying Dimensions in Funds
Add dimensions to the Funder and/or Fund cards:
- If Funder and Fund use the same dimension and value, only the Funder card needs dimensions (e.g., Single Funded Funds).
- For different dimensions, both cards need entries (common in Multi-Funder Funds).
- If neither has dimensions, none of the posted entries (commitment, reservation, usage) will have dimensions.
Posted Commitments
- If Funder and Fund have different dimensions, dimensions from both are added.
- If there’s a conflict (same dimension code), Fund value overrides Funder’s (unless Dimension Priority is set).
- If one is missing dimensions, only the other’s dimensions are used.
Same logic applies when posting Usage, unless different priority is defined.
Initialize Dimension Priority
To initialize Dimension Priorities for Fund Management, ensure that the relevant Source Codes for Funding have been properly configured in Source Code Setup.
Once the source codes are set up, follow these steps:
- Select the 🔎 Search icon in Business Central, enter Default Dimension Priorities, and choose the related link.
- On the Default Dimension Priorities page, select one of the Funding Source Codes that was configured earlier.
- Choose the Initialize Dimension Priorities action. This will automatically populate the dimension priorities for the selected source code.
Repeat this process for each of the source codes used in Fund Management to ensure all relevant transaction sources have their dimension priorities initialized.
This setup ensures consistent dimension handling across all fund-related transactions and supports accurate financial reporting and analysis.