Closing a project

Before a project is closed, LN checks the current status of the project. Only projects with the status Finished can be closed.

LN checks that:

  • All subprojects have the status Closed, if there is a main project.
  • All production orders for the project are closed.
  • All purchase orders have the status Closed.
  • All purchase receipts are invoiced, and the invoice matching procedure are carried out in the financial accounting.
  • All sales orders are closed with the Process Delivered Sales Orders (tdsls4223m000) session.
  • All service orders for the project are processed in history.
  • All transaction hours for the project are processed.
  • No project inventory is still present. The project inventory value cannot exceed the value entered by the users. Remaining inventory less than this value is automatically deleted.
  • All internal invoices from the PCS project to the financial companies of the sales office, service department, and/or warehouse are sent and completed.

If these conditions are not met, the project cannot be closed.

If the project can be closed, the following steps are taken:

  1. Any current inbound and outbound advice for warehousing orders in the Inventory by Warehouse, Item and Effectivity Unit (whwmd2116s000) session is deleted.
  2. Project costs and results are calculated. To do this, LN automatically starts the Calculate Cost Prices by Project (tipcs3250m000) session.
  3. The project status is changed to Closed.
Note
  • If there is a main project, before the main project is closed, all subprojects are closed first according to the previous procedure.
  • If you select the COGS and Revenues restricted to Financial Company of PCS Project check box in the Project Control Parameters (tipcs0100m000) session, financial transactions are posted on the financial companies of the sales office, service department, and/or warehouse instead of on the financial company of the PCS project. If internal invoices are sent from the PCS project to those departments, and the internal invoices are not completed yet, the Close Project (tipcs2250m000) session sets the project status to To be Closed instead of to Closed. You must first complete the internal invoices, and then run the Close Project (tipcs2250m000) session again to set the project status to Closed.

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