Commitment Entry (Equipment) (tpppc2550m000)
Use this session to manually create, maintain and approve the equipment-commitments for a project. You can process and post the equipment commitments to the Cost Transactions (tpppc2100m000) session using the Process Transactions (tpppc4802m000) session.
Field Information
- Posted
-
If this check box is selected, the record is posted.
- Project
-
The code that identifies the project.
- Equipment
-
The equipment code.
- Sequence
-
The sequence number.
- Element
-
The element code.
- Activity
-
The code that identifies the activity.
- Extension
-
The code that identifies the extension.
- Cost Determination
-
Indicates how cost amounts related to the cost object are calculated in the actual budget.
Allowed values
- Quantity
-
The costs related to the subcontracting cost object are calculated, by quantity-based measure of productivity.
- Amount of Time
-
The costs related to the subcontracting cost object are calculated, by time-based measure of productivity. Example, the subcontractor can be paid by the hour.
- Rate Only
-
The costs related to the subcontracting cost object are calculated, based on only an agreed rate.
- Amount Only
-
The costs related to the subcontracting cost object are calculated, based on only an amount (lump sum).
Note: The field can be set to Rate Only or Amount Only only if:- The Services Procurement is set to In Preparation or Active in the Implemented Software Components (tccom0100s000) session.
- The Procurement by field is set to Subcontracting Procurement Order.
- Amount of Time
-
The number of time units. For instance, the numbers of days that a crane has been employed for a project.
Total quantity of transaction = Amount of time x Quantity (rounded to two decimals).
- Time Unit
-
The unit in which the time is expressed.
- Currency
-
The currency in which the amount is expressed.
- Cost Rate
-
The cost rate per unit.
- Cost Amount
-
The total costs.