| Confirm and Post Interim COGS and Revenues by Project (tipcs3291m000)Use this session to confirm the interim COGS
and revenue for a specific PCS project, and post them to the General Ledger (GLD) module in Financials. Interim COGS and revenue for a PCS project are useful when you
want to gain an insight into the interim results of a PCS project, even before
any end item is shipped. After you run the Calculate Interim COGS and Revenues by Project (tipcs3290m000) session, the aggregated COGS and revenue of a specific
PCS project can be viewed and maintained in the Interim COGS and Revenues by Project (tipcs3190m000) session. After you have viewed and maintained the interim COGS and
revenue, you must confirm and post them to the General Ledger (GLD) module in Financials: Confirm Select the Confirm Interim COGS and Revenues check box, and run the Confirm and Post Interim COGS and Revenues by Project (tipcs3291m000) session. After
confirming, you cannot adjust data in the Interim COGS and Revenues by Project (tipcs3190m000) session anymore. Note that you can
also confirm the interim COGS and revenue by clicking (de-) Confirm in the Interim COGS and Revenues by Project (tipcs3190m000). You can deconfirm the data by
clicking (de-) Confirm again. Post Select the Post Interim COGS and Revenues check box, and run the Confirm and Post Interim COGS and Revenues by Project (tipcs3291m000) session. The
interim COGS and revenue for the PCS project is posted to the General Ledger (GLD) module in Financials.
Project A collection of manufacturing and purchasing actions that are
performed especially for a particular customer order. A project is initiated by
a customer order for items having a To Order order policy. The purpose of a project is to plan and coordinate the production
of these items. For a standard-to-order production, the project is only
used to link the item with the customer order. Otherwise, a project can
include: - Customized item data (BOMs and routings)
- Project planning (activity planning)
A budget is a special type of project. A budget is used to
plan and estimate, not to carry out production. Project Status The status assigned to a PCS project, which indicates how far
the project has been processed. Project Employee The person who is in charge of the project. Calculation Office A work center that determines the enterprise unit for a project
or production order and that has an administrative function. For production orders, operations can be carried out in the
calculation office, because the calculation office can act as a regular work
center. Calculation Group A code representing a group of projects the user wants to
compare financially. You can assign a calculation group to: - A budget
- A main project (as long as the calculation group is not
assigned to another project or single project)
- A single project (as long as the calculation group is not
assigned to another main project or single project)
Search Key An alternative form of a description used for convenience
during searching. Typically, it is an abbreviation, an acronym, or a mnemonic
alternative to a full description. End Date The date until which the actual costs are taken into account
for revenue recognition. The date is determined in the Calculate Interim COGS and Revenues by Project (tipcs3290m000) session when calculating
interim revenue and COGS. Confirm Interim COGS and Revenues If this check box is selected, and you run the Confirm and Post Interim COGS and Revenues by Project (tipcs3291m000) session, the
interim COGS and revenues are confirmed. After confirming, you cannot adjust
data in the Interim COGS and Revenues by Project (tipcs3190m000) session anymore. Note You can also confirm the interim COGS and revenue by
clicking (de-) Confirm in the Interim COGS and Revenues by Project (tipcs3190m000) session. You can deconfirm the
data by clicking (de-) Confirm again. Post Interim COGS and Revenues If this check box is selected, and you run the Confirm and Post Interim COGS and Revenues by Project (tipcs3291m000) session. The
interim COGS and revenue for the PCS project is posted to the General Ledger (GLD) module in Financials. Posting Date Cost/Turnover Sales The date that the interim COGS and revenue are posted to the General Ledger (GLD) module in Financials. | |