tipcs domains

The COS and Revenues Restricted to Financial Company of PCS Project check box is selected, so that PCS related COGS and revenues are all posted on the financial company of the PCS project's calculation office.

You must enter the COGS distribution manually in the Project COGS Distribution (tipcs3110m000) session.

LN calculates the COGS distribution based on the revenue of the sales order, service order, and/or warehouse order.

The default calculation office for the PCS project is the calculation office that is linked to the enterprise unit of the sales office or the service department. You can define a default calculation office for a specific enterprise unit in the Enterprise Units (tcemm0130m000) session.

The default calculation office for the PCS project is the calculation office that is linked to the enterprise unit of the warehouse. You can define a default calculation office for a specific enterprise unit in the Enterprise Units (tcemm0130m000) session.

The default calculation office for the PCS project is determined by the number group and the order series of the sales order or service order for which the PCS project is created. You can use the Default Project Data by Number Group (tipcs0103m000) session to define calculation offices for combinations of number group and order series.

budget

estimated cost calculation

Actual cost calculation

The activities are sorted by project and subsequently by activity code.

The activities are grouped by work center and subsequently sorted by activity code.

The activities are grouped by activity manager and subsequently sorted by activity code.

Revenue recognition for PCS projects is not implemented.

If you select None, the PCS / COGS financial transactions for non-closed PCS projects are created during project calculation using the Calculate Standard Costs by Project (tipcs3250m000) session. The PCS / COGS financial transactions are based on the realized revenue compared to the expected revenue for sales orders, service orders, and warehouse transfers.

The actual costs spent until a specific date divided by the estimated total costs at completion. For example, the total estimated costs of the project are $1980,-. The actual costs until the moment that you want to recognize revenue are $200,-. The POC is 200/1980 = 10,1%.

The actual hours spent until a specific date divided by the estimated total hours at completion. For example, the total estimated hours of the project are 500. The actual hours until the moment that you want to recognize revenue are 100. The POC is 100/500 = 20%.

A percentage that expresses an estimate of the completed work. For example, you estimate that on a specific moment, 25% of the work on your project is finished.

If revenue recognition is carried out while the status of the PCS project is Active or Finished, the calculation type of revenue recognition is always Interim.

If the status of the PCS project becomes Closed, the calculation type of the last revenue recognition automatically changes to Final.