The date and time when the accounting parameter is defined.
Project Accounting Parameters (tpppc0100s000)Use this session to maintain parameters, including control periods and work in progress settings, for general use in the Project Progress module. You must define these parameters before you register costs and revenues elsewhere in the Project Progress module.
General Introduction Date The date and time when the accounting parameter is defined. Costs and Commitments Type of Hard Commitment The type of hard commitments applicable for the project. This field determines whether hard commitments, in the total costs, are added to actual costs or to commitments in:
Note
Use Commitments as Basis for Forecast This check box and the value of the Type of Hard Commitment field determine whether commitments are included in the costs while performing a cost forecast. Hard commitments are based on purchase receipts and soft commitments on purchase orders. Hard commitments can be regarded as actual costs, because only the purchase invoice must be received and processed. If this check box is selected, the value of the parameters is:
If this check box is cleared, the value of the parameters is:
Include Soft Commitments in Earned Value Indicates that the soft commitment is included in the cost control while calculating the earned value amount. Note
Leading Forecast Method Determines where you can manually enter your forecast. Example Your budget is one hundred euros, your actual costs are now sixty euros and you estimate your final budget will be a hundred-and-ten euros. EEC: final budget - budget = 110 - 100 = 10 EAC: estimated final budget ETC: final budget - actual costs = 110 - 60 = 50 Cost Component for Cost-Plus Invoicing from Revenue If this check box is selected, the cost component that you linked to the revenue code is used for the revenue transactions. This enables you to define an integration mapping scheme for revenue-based cost components. Note If this check box is cleared, the project cost component is used as the cost component for revenue transactions. The actual revenue cost component code is ignored. Post Interim Results Post Interim Results The type of interim financial results that is used for the Project Accounting module. Allowed values
Post Project Hours Transactions Post Project Hours Transactions Post Project Hours Transactions
Default value Aggregated Note The Aggregated option is not applicable for intercompany trade hours. Post Completion Transactions Internal Project Post Completion Transactions Internal Project Post Completion Transactions Capital Project Post Completion Transactions Capital Project Physical Progress Physical Progress > 100% Allowed If this check box is selected, you can enter a progress more than 100%. In other words, in this situation the actual quantity can exceed the budgeted quantity. If this check box is cleared, the actual quantity cannot exceed the budgeted quantity, the maximum percentage remains 100% . Physical Progress Labor based on Hours If this check box is selected, progress is based on the budgeted number of hours. Otherwise, progress is based on the budgeted number of units. Convert to Unit of Control Code If this check box is selected, the quantities of cost objects are converted to the unit of the corresponding control code when you register progress and monitor projects. Use Progress Setting for all Projects If this check box is selected, the specified settings for the method of calculating the earned value (performed budget and allowed cost) is applicable to projects with any contract types. Note By default, this check box is cleared. However, you can modify the value. Additional Information Multi Financial Company Project If this check box is selected, the project and the contract or contract line can be linked to sales office with a different financial company than the financial company of the project Note able and This check box is displayed only if the project pegging is not implemented for the financial company. Text If this check box is selected, a text is present. Integration Default Employee The default employee code to which the cost is aggregated in Project, when using the cost component mapping and the employee code is not available in the source transaction. For example, the cost of machine hours is mapped to cost type Labor. Labor cost is used to check for an employee code in the source transaction. If the employee code is not available on the Shop floor transaction, the default employee code is used. Field Service Integration Default Item The default service item in Project when the service order is manually linked to the project. Description The description or name of the code. Default Task The default cost object code to which the cost is aggregated in Project when the service order is manually linked to the project. Description The description or name of the code. Default Equipment The default cost object code to which the cost is aggregated in Project when the service order is manually linked to the project. Description The description or name of the code. Default Subcontracting The default cost object code to which the cost is aggregated in Project when the service order is manually linked to the project. Description The description or name of the code. Default Sundry Cost The default cost object code to which the cost is aggregated in Project when the service order is manually linked to the project. Description The description or name of the code. Default Travel The default code to which the travel costs are aggregated in Project when the service order is manually linked to the project. Default Freight The default code to which the freight costs are aggregated in Project when the service order is manually linked to the project. Default Helpdesk The default code to which the help desk support related costs are aggregated in Project when the service order is manually linked to the project. Control Period Actual Cost Control Period Period Table The default period code to be used for the cost-control periods. Choose a period with the Gaps Allowed between Years check box cleared, because Project does not work with this option. Allowed values You can use one of these options to specify the actual cost control period:
The actual cost-control period consists of the default period code value and the values from the Actual Cost Control Period group box. This actual cost control period is used as the default cost-control period for processing transactions. This field must be specified with a code before you start the project and must not be modified while projects are being run. If the Period table is changed, you will miss all the cost information and revenue information that pertains to a certain period of the former Period table. You can use one of these options to specify the period: Start Date/Finish Date The dates on which the hours control period starts and ends. These dates are determined from the Period field. / The dates on which the cost-control period starts and ends. These dates are determined from the Period field. Start Date/Finish Date / Actual Hours Control Period Period Table The default period code to be used for the hours control period. The actual hours control period consists of the default period code value and the values from the Period field. This default period code value is used as the default hours control period for processing costs. This field must be filled with a code before you start the project and must not be modified during the execution of projects. If the Period table is changed then you will miss all the cost and revenue information pertaining to a certain period of the former Period table. Period The year number that, together with the period number, identifies the actual hours control period. The year and period is shown as a default value on hours control print reports. The hours control period is used as hours are mostly entered in a period different from the current period. Actual Hours Control Period The year number that, together with the period number, identifies the actual hours control period. The year and period is shown as a default value on hours control print reports. Start Date/Finish Date / Fiscal Period Table Period Table The code period table to be used for the fiscal period. Work in Progress WIP Formula Monitoring WIP Formula Monitoring Contract Amount in WIP Indicates how, if at all, the contract amount is a factor in calculating the work in progress. Allowed values
Costs in WIP Indicates how, if at all, costs are a factor in calculating the work in progress. Allowed values
Project Inventory in Costs If this check box is selected, history postings of type Hard Commitment (Wareh.) are included in the commitments in Cost Control. Commitments in WIP If this check box is selected, commitments will be calculated as part of work in progress. Sales Value Surcharge Costs in WIP If this check box is selected, the cost amount that is part of WIP will be increased by the surcharge percentage as defined for the project in the WIP Sales Value Surcharge field of the Projects (tppdm6100m000) session. This surcharge is applied to the costs and, if required, to the commitments. If this check box is cleared, the surcharge will not be considered. Include PCS WIP Indicates how, if at all, PCS project work in progress costs are included on the Project and the Material cost type level. Allowed values
Revenues in WIP Indicates how, if at all, revenues are a factor in calculating work in process. Allowed values
Interim Result in WIP Indicates whether the interim result is a factor in calculating work in progress. Allowed values
Extra WIP Entry in Finance If this check box is selected, an invoice is posted to an interim account in Financials instead of directly to a work in process account. After processing the transaction in Financials, an entry is created in one of the accounts defined in Project, and the work in process account is charged for the relevant amounts. Total Paid/Received Amount to Include Anticipated Amount If this check box is selected, anticipated payments and anticipated receipts are included in the total paid/received amount.
Print Parameters Prints the defined accounting parameters for a project.
| |||||||||||||||||||||