Procurement part in Investment Project

Dear Gurus,
Our client needs to start a investment project.
Pl. give the process for the procurement part in a investment project.
Regards,
Amol

Hi Amol,
It could be a MTS scenario with PS integration. If you have projects in construction sort of, then you need to have a PS in your system implemented. You can follow the normal procurement cycle with focus on PS and project allocation of materials.
Share more details about your project to help more.
Regards
Shiva

Similar Messages

Investment projects

Dear Experts,
I have idea abt customer projects but I am new in investment projects. please suggest me diffrerence between investment projects and customer projects. waht is the basic difference and what is difference in configuration between these two projects.
thanks in advance.
Lallan

Customer Projects:
PS is being used to manage the sale of anything. If we are building something that will be ultimately sold to a Client.
1) Customer Project with Assembly Processing:
Step1: Create a quotation that leads to a Sales order containing Configurable Materialas line items which will automatically generate a Project which in turn create material reservations or PR and PO.
2) The project's part in this process is to manage the basic scheduling of the procurement cycle.
3) Billling the Customer is being done from the Project based on Milestones which would have been used to create a billing plan in the sales order.
2) Customer Project with Direct Sales:
In this case, in addition to the above steps, customer is billed on the resources you have used. This is made possible through RRB-Resource related billing and DIP(Dynamic Item Processor) profile
3) Service Project:PS is used here for the purpose of servicing equipment that may be on a customer site or even in our own site. In this case, we may need to use CS and PM modules. PS is created with a structure representing the various pieces of equipment. It will be like sales oriented project, but we need to connect PM orders to the WBS or Network.The planned costs can be seen by the project and the actual costs can be settled to the project. Billing of the customer could be done through RRB, where CATS timesheets and other actual costs can be transferrred to the customer invoice with a mark-up.
In simple terms Customer Projects bring revenue to the Company.
Capital Investment Project was used in malls & commercial building contruction, the main thing is that settlement is done against AUC (asset under construction), ur complete building will be ur asset, but during contruction that will be ur AUC (asset under construction).
hope u will understand.
Capital investments, means the acquisition of fixed assets as the result of in house production or purchase.
In SAP the term investment is not limited only to investments you capitalize for book keeping or tax purposes. An investment in this context can be any measure that initially causes costs, and that may only generate revenue or provide other benefits after a certain time period has elapsed.
Hope this will be enough to understand the diffrence
Regards,
ANSAR

How do the Procurement of materials from projects?

Hi Friends'
How do the Procurement of materials from project s, here our Process is:
Whenever our engineers on site see any shortages he will send a report thro our customized InfoPath request form. Then we decide depending on the material whether to order to USA or Procure locally. Some mechanical parts we procure locally. For this in PR we give reference of WBS element. Purchase department raise PO, we receive material, sent to site And finally we charge USA(parent Company) for this amount against this project.
For the items like electronic cards, Critical mechanical parts to be ordered to USA we send the InfoPath form to USA. We get weekly shipments from USA. We create PR and also PO. No action by our purchase dept. The FREE OF CHARGE (FOC) material is received to us. Stores will do MIGO and then we dispatch to Site.
Friends please suggest how to do this Process through project systems. I need the entire configuration setting that we need to do and the process also, plz friends... I need these settings step by step.
Regards,
Hari
Edited by: Hari Krishna on Jan 3, 2009 12:39 PM

suggest attend course PLM220
If using only WBS then you have to raise PR from MM module and the material demand will not be driven from PS (except Easy Cost Planning)
If using networks then assign material component to network activity and set the item category as non stock item - this will trigger PR from activity

Sell an investment project that needs to be an asset of the company

I'm working on a new project for a service company, this company has it's own network and equipment and it is a company asset.
The scenario I have is the next...
The client pays the entire cost of the project, so this is a sale, but the result of the project is a company asset, the cost of the project will be discounted of billing receipt of the client.
I have already worked with investment projects and sales project, but in this case how should I treat this scenario?
I need suggestions...

Hi,
As per my understanding of the issue
Create mulitroot WBS Elements.
WBS1 is internally financed and to carry out the activities which are funded by the company itself.
WBS2 will be an externally financed e.g by the client.
So you can know what cost has been incurred for that WBS and what was the budget available..
so it helps in tracking the cost and budget independently.
Hope its useful.
Reward points if useful.
Thanks...

Investment project down payment config

Dear all
please help me on the following issue.
i am working on a investment project.
there are many POs generated with account assginment of WBS or Network.
almost every PO need to do the down payment.
but i don't know how to config it.
is it in OBYR? or somewhere else?
please give me some advice.
thanks a lot.
Judy

Dear Judy ZHU,
Menctioned particular WBS cost object when ever the down payment transaction is carring out. If ur a PS consultant need not worry about this. Y because it is required some accounting knowledge regarding Reconsalation for the Down Payment. Better to hand over to FI Consultant, he will deal it. Other wise revert me back.
Regards.

Settlement of Investment Projects

Hello,
At my present client, for Investment projects the client want to settle top level WBS to AUC and capitalise it. So ideally the cost from lower level WBS should flow to top WBS. I am using substitution to remove investment profile from lower WBS..
My concern is how do I auto populate the settlement for lower WBS to top WBS. I am aware about settlement strategy and OSS note 211324.However the client (PMO) doesnt want to implement that note. So this rules out option of maintaning settlement strategy to Superior WBS automatically. I am just checking if anybody has faced such situation and approach to be adopted for same. Maintaning settlement rules manually or creating enhancement are the only option I see.
Please let me know your opinions.
Thanks
Sarang

hi
its better you can maintain manually.

How to close an Investment Project without Capitalizing

Hi All,
Requirement is how to close an Investment Project midway, when cost have been settled to AuC over several periods.
In present system they transfer the cost from their Work In progres account to a Cost center.
Thanks and regards
Maneesh

let us say over the time 1000 is in AuC
do a financial journal
Cr 1000 WBS Dr 1000 Cost centre (just use a dummy cost centre)
Now settle WBS to AuC
Dr 1000 WBS Cr AuC 1000
Now the AuC has 0 and can be deleted
The WBS has 0 and can be closed
The cost centre now has the debit 1000 - you can do whatever you want with that

Investment project / customer project

Hi
Investment project having only WBS element, it does not have ACTIVITIES, but Customer project u have both WBS & ACTIVITIES. wht is the reason behind Investment project does not having ACTIVITIES.
There may be some reason behind this logic, can u explain please.
thanqu
raj

Hi,
I am Ganesh - application consultant for PS. There is no hard and fast rule, as far as these two scenarios (Customer project and Investment project) are concern. You can have activites and networks in Investment projects also. Mainly, it is driven by the business need. When investment projects do not have any SD/MM integration, the activities are not used. But, there is no such distinction. In nutshell, you can have networks/activities in both caes.
Regards,
Ganesh

"Part of the project was not played" error

I just got a brand new iMac--double the number or processors and twice the RAM as the old one--and I keep getting this error in Garageband:
Part of the project was not played
This project has too many real instrument tracks to be played in real-time.
To optimize performance, see the 'Optimizing GarageBand performance' page in GarageBand Help.
This issue only rarely cropped up on my old machine, and it was usually because the computer was chugging away on too many projects at once. I am editing a podcast which has two (rather long) audio tracks.
I have quite all other applications.
I have fixed permissions.
I have tried from another user account.
I have deleted prefs files.
I have reinstalled Garageband.
Nothing is helping. This is very frustrating.
Any guidance you could give me would be EXTREMELY appreciated!
Thanks!
Evan

In my case, the culprit was backups and disk-related software eating large amounts of CPU.
I recently ran into this problem with a very small project. Even after locking all tracks, I could not record all the way through the project without getting "project not played".
One pattern I noticed was that I could never get through the whole project when Time Machine was backing up. So I turned off TM and tried again.
Even then, I couldn't get all the way through. Running Activity Monitor, I could see that WD's disk software (came with the My Book drive I use for backup), would periodically consume a big chunk of CPU, even though I wasn't using the WD disk... even if I dismounted the drive. So I uninstalled the WD software.
With this change, Activity Monitor shows ~0% CPU. TM can still give problems, so I shut it down when I record.
Now GB runs fine, even with multiple tracks unlocked.
Moral: use Activity Monitor to make sure something isn't chewing up too much CPU. It may be an intermittent load, which makes it harder to see. But a big burst in non-GB CPU activity can stop GB, even if the burst is brief.
~2010-vintage iMac, 8GB RAM, GB '11

AFE process for Customer and Investment Project

Hi All,
My client want to have AFE process for Customer as well as Investment Project Creation.
Once, AFE is approved a project should be created along with project plan valueswith approved values in AFE request. Also, in case any supplement need to project also should have a similar AFE approval process. For this client, there is No IM module implemented as such.
Want to know how we can map this scenario in SAP.
Thanks in advance.
Regards,
Atul R. Rajmane

IYou can make use of simulations...create simulation version before creating operative project...you may create more than one simulation for various cost plan scenarios..you can plan revenue in simulation also for customer project...whoever gives approval for project expenditure.... they may compare the cost of the simualtion version and approval can be transfer of simulation version to operative version....Also, you can use this for supplements...create simualtion during course of project...then add actvitiy, material..etc., do the cost analysis...and provide the supplement budget accordingly to the new planned cost.

Subject : Slideshow looks bad Hello guys I have a project in my Final Cut just about done. I want to add my slideshow as part of the project and burn it to DVD. In my slideshow, there are some stills from the movie clips and some downloaded from the i

Subject : Slideshow looks bad
Hello guys
I have a project in my Final Cut just about done. I want to add my slideshow as part ofthe project and burn it to DVD. Inmy slideshow, there are some stills from the movie clips and some downloadedfrom the internet but they all look blur when playback and even worse if Iapply Ken Burn to it. Pleasesome one can tell my how to do it right or it can’t be done because thedownload quality and stills from the clip are not suitable or slideshow. Thank you
PSC

Thank you Ross.
The entire DVD containing Quick Time movies (Final CutExpress project) and slideshow was done in iPhoto. The Final Cut project was rendered prior to export to QT, the slideshow was sent to iDVD withoutrendering. The slideshow with most of the pictures from my still camera incombination with stills from movie clips and some downloaded from the Internet.After burning, the movie playback is perfect but the slideshow is not. The slideshow containing 3 differentkinds of pictures; those from my still camera looks OK; the stills from themovie clips and from the Internet are not. I don’t have much knowledge in this game, but I think NTSCwith frame size 720x480, and the downloaded picture Item Property shows most ofthem are between 400 to 500 x 300 to 600, may be both of them are not suitablefor TV screen while the stills from my still camera looks OK because they are2048x1536. Please enlightenme. Once again, thank you so much,I really appreciate the time you offered.
psc

Line items for Capital investment project report

Hi guys,
any idea how may I report on the line items for CIP similar to the info I get via t-code CJIC but for multiple WBS elements with investment profile. Is it possible that I may find needed info based on the status of the line item?
Thanks and regards

Hi,
without Investment Profile you can not create AUC or main asset through Project.
its just only oneor two settings - only creation of Investment profile and its assignkent to project profile.
still if you dont want to go with this - then
Maintaiin settlement rule manually to FXA. in this FI person will create C- WIP ( AUC) by normal transaction (AS01). and will maintain in settlement rule- respective WBSE.
venkatesh
Edited by: venkatesh kulkarni on Nov 20, 2009 1:05 PM

Editing the Schedule PDP, at the Page Details Web Part, inserted wrong Project Web App URL. Cannot access Project Schedule Pages.

I need a help. The environment, SharePoint and Project Server 2013 and SQL Server 2012, running on Windows Server 2008. Editing Details Web Part in a Schedule PDP Page, saved invalid Project Web App URL. After that, can display the Project Information and Project
Details Pages from the projects accessed, and can display the Project site, too. But, when I access the Project Schedule Page, receive an error page, because of the invalid URL. The message is obvious: "There
is no Web named xxxxxxx". I´ve tried to find out how to correct this, but no success, because cannot open the Project Schedule page anymore.
I would like to know if there is some way to fix it without re-installing the system. Thanks for all. If somebody need more information, have log information and page display available.

Paul,
When I click Schedule after PWA Settings > Project Details Page, there comes the error.
I can download the Schedule Page. But I don't see where to change, because the wrong URL doesn't apper at the page.
I'm sending below the page that I can download. The schedule.aspx.
<%@ Page language="C#" MasterPageFile="~masterurl/default.master" Inherits="Microsoft.SharePoint.WebPartPages.WebPartPage" %>
<asp:Content ContentPlaceHolderId="PlaceHolderPageTitle" runat="server">
<SharePoint:ListProperty Property="Title" runat="server"/> - <SharePoint:ListItemProperty Property="BaseName" maxlength="40" runat="server"/>
</asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderPageTitleInTitleArea" runat="server">
<WebPartPages:WebPartZone runat="server" title="loc:TitleBar" id="TitleBar" AllowLayoutChange="false" AllowPersonalization="false" />
</asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderAdditionalPageHead" runat="server">
<meta name="GENERATOR" content="Microsoft SharePoint" />
<meta name="ProgId" content="SharePoint.WebPartPage.Document" />
<meta http-equiv="Content-Type" content="text/html; charset=utf-8" />
<meta name="CollaborationServer" content="SharePoint Team Web Site" />
<script type="text/javascript">
var navBarHelpOverrideKey = "wssmain";
</script>
</asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderSearchArea" runat="server" />
<asp:Content ContentPlaceHolderId="PlaceHolderPageDescription" runat="server">
<asp:literal id="idPageDescription" runat="server" text="<%$Resources:PWA,PAGE_DESCRIPTION_SCHEDULE%>" />
</asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderPageImage" runat="server"></asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderLeftNavBar" runat="server"></asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderNavSpacer" runat="server"></asp:Content>
<asp:Content ContentPlaceHolderId="PlaceHolderMain" runat="server">
<WebPartPages:WebPartZone runat="server" Title="loc:FullPage" ID="FullPage" FrameType="TitleBarOnly"/>
</asp:Content>
<asp:Content ContentPlaceHolderID="PlaceHolderUtilityContent" Runat="server">
</asp:Content>
Thanks
LuisPerez

Editing the Schedule PDP, at the Page Details Web Part, inserted wrong Project Web App URL. Now, cannot access Project Schedules.

I need a help. The environment, SharePoint and Project Server 2013 and SQL Server 2012, running on Windows Server 2008. Editing Details Web Part in a Schedule PDP Page, saved invalid Project Web App URL. After that, can display the Project Information and
Project Details Pages from the projects accessed, and can display the Project site, too. But, when I access the Project Schedule Page, receive an error page, because of the invalid URL. The message is obvious: "There
is no Web named xxxxxxx". I´ve tried to find out how to correct this, but no success, because cannot open the Project Schedule page anymore.
I would like to know if there is some way to fix it without re-installing the system. Thanks for all. If somebody need more information, have log information and page display available.

Luis,
Have you tried this?
Navigate to the schedule PDP, in the browser address bar, append the string
?Contents=1, like thus:
https://<your PWA Address>/Project%20Detail%20Pages/Schedule.aspx?Contents=1
This will open the Webpart Maintenance page. Now, select the Details
webpart, and Delete it. Once done, navigate bacjk to the webpart page, edit page, and re-add the Details Webpart to the page.
This should fix your issue.
Cheers,
Prasanna Adavi, Project MVP
Blog:
Podcast:
Twitter:
LinkedIn:

Applying a User Filter web part to the Project Summary Web Part

I've been searching for a way to do this but to no avail!
Is there a way to filter out the Project Summary Web Part to only display MyItems.aspx?
nothing seems to work. I have designer 2013, SharePoint 2013, etc.
Please advise,

Hi Boxboy,
Based on your description, my understanding is that you want to only display current user’s tasks in the Project Summary web part. Is it right?
Project summary web part displays events and tasks in SharePoint 2013. Per my knowledge, we cannot filter the tasks in the OOB Project summary web part.
More information about Project summary web part:
http://community.bamboosolutions.com/blogs/sharepoint-2013/archive/2013/07/11/how-to-use-the-project-summary-web-part-in-sharepoint-2013.aspx
As a workaround, you can filter the orginal tasks list using Current User Filter web part instead of filtering the Project summary web part.
Or, you can develop your own Project summary web part using code.
How to create a web part for SharePoint:
https://msdn.microsoft.com/en-us/library/ee231546.aspx
Best Regards,
Wendy
Wendy Li
TechNet Community Support

Procurement part in Investment Project

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