Previously, you had limited options for how financial dimensions default. This feature adds functionality and flexibility to default financial dimension values. With this feature, you can:

Create a configuration to determine how financial dimensions default based on criteria like contract, project, or cost and revenue profile.
Set criteria to determine whether dimensions default from contract lines or projects.
Improve reliability when you save financial dimensions and value defaults on the project.
Add the ability to set dimensions on time and material contract lines.
Add the ability to use contract lines for revenue recognition.

In the example in the image below, the system uses the following logic:

The line at the end of the grid defaults all projects and contracts to use the project dimension unless an individual record overrides that behavior.
The table line at the top of the grid is the next most specific record. It causes all projects associated with contract 00000017 to use the dimensions from the project line.
The middle line is the most specific record. It's project-specific. It overrides previously defined behavior. All transactions for Project 000000004 use the contract line for the basis of default dimensions.

The Enable contract line based revenue recognition with Project Operations for non-stocked/resource based scenarios feature modifies the Project default dimension rules form by adding a column to add rules based on specific contract line groups as the first filter.