Hello Everyone,
I learnt that items can now be consumed immediately in Projects(to update project expenses) when we receive the item(Post the product receipt packing slip), without having the need to use Item requirements functionality.
I Marked the "Item consumption check box under Project parameters form and then created and received a project purchase order. System does not seem to update the project expenses and items are not reflected in the project posted transactions.
Any suggestions here will be greatly appreciated.