Project Progress 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.

Field Information

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:

Monitoring

Note:

Soft commitments are always booked as commitments in Cost Control.
Costs are always booked as costs in Cost Control.

Use Commitments as Basis for Forecast

This check box determines whether soft commitments are included in the costs while performing a cost forecast. Soft commitments are based on purchase order approval.

Note: Hard commitments are based on purchase receipts. In cost forecast, hard commitments are always considered as actual costs, because only the purchase invoice must be received and processed.

Include Soft Commitments in Earned Value

Indicates that the soft commitment is included in the cost control while calculating the earned value amount.

Note:

By default, this checkbox is selected. However, you can modify this value.
If you modify this value, you must recalculate the actual cost control data in the Build Actual Cost Control (tpppc4803m000) session with the Net Change Run checkbox cleared.
This option considers the calculation of the earned value amount only if the cost transaction is linked to:
- A Contract Type set to Cost Reimbursement or Time & Materials in the Contract (tpctm1600m000) session.
- An extension with the Invoice Calculation Method set to Actual Costs and the Extension Type set to other than Quantities to be Settled in the Budgeted Extension Costs (tpptc3525m000) session.

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

The type of interim financial results that is used for the Project Accounting module.

Allowed values

Interim Revenue and Cost: The financial result for the transactions associated with revenue and costs.
Balance: The financial result for the transactions associated with the balance costs.
Interim Revenue, Cost and Balance: The financial result for the transactions associated with the revenue, costs and balance.

Post Project Hours Transactions

Detailed by Calendar Day: A cost transaction for each project, element, activity, task, and calendar day (based on the project hours specified in People) is created.
Aggregated: The cost transactions are aggregated based on the cost control period, cost rate, surcharge percentage, and the related text. However, the aggregate value can be modified, for example, based on a text linked to a specific date or split in the (financial) period.

Default value

Aggregated

Note: The Aggregated option is not applicable for intercompany trade hours.

Post Completion Transactions Internal Project

Direct: The Completion transactions are posted directly to Financials .
Close Element or Activity: When the element or activity is closed, the Completion transactions are posted to Financials .
Close Project: When the project is closed, the Completion transactions are posted to Financials .

Post Completion Transactions Capital Project

Close Element or Activity: When the element or activity is closed, the Completion transactions are posted to Financials .
Close Project: When the project is closed, the Completion transactions are posted to Financials .

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 in monitoring) is applicable to projects with any contract types.

Note: By default, this check box is cleared. For projects linked to Time & Materials or Cost Reimbursement contracts, the physical progress is ignored, and the earned value (EV) is not calculated based on the progress of the linked projects.

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: 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

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:

Specific: You can specify a specific year and period.
Current: The current year and period are displayed.
Previous: The previous period is displayed (For example, if the current period is April(4), previous period is displayed as March(3)).

The actual cost-control period consists of the default period code value and the values from the 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

Contract Amount in WIP

Indicates how, if at all, the contract amount is a factor in calculating the work in progress.

Allowed values

Plus
Minus
Do not Include

Costs in WIP

Indicates how, if at all, costs are a factor in calculating the work in progress.

Allowed values

Plus
Minus
Do not Include

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

Do not Include
In Soft Commitment
In Hard Commitment

Revenues in WIP

Indicates how, if at all, revenues are a factor in calculating work in process.

Allowed values

Plus
Minus
Do not Include

Interim Result in WIP

Indicates whether the interim result is a factor in calculating work in progress.

Allowed values

Plus
Minus
Do not Include

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 for 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.