Project costing/ Net working Costing

Dear PS experts,
I have some doubts related to PS. Basically i m FICO.
1. Normally in Product Costing we have a option Product Cost by Order/Period/Sales Order. If we want
to Costing in in PS with Customer Project, which one is suitable.
2. For calcularting of WIP also we have different option. which one is better.
3. Settlement of the Customer project is which cost object (we r not going with COPA)
Regards
Raj

Hello
1.There are different ways of Cost Planning in a Projects. Manual Cost Planning, Network Costing, Detailed Cost planning (based on Cost Element and Activity types), Easy Cost planning and Unit costing. The cost planning approach depends on your client. Usually if its a WBS structure go with Easy Cost Planning.If you are having complex structure with networks,activites and materials go for Network costing.
2.The way to calculate WIP is Result Analysis. Assign RA key to your project profile.
3.Customer projects are usually settled to PSG. If COPA is not activated, you can settle to Cctr. There are many threads around Settlement of customer project--without COPA, just refer them for more details.
Thanks
Sarang

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Project cost plan Header Data table ( PS module - T.code CJR2)

Hi,
I am working on PS module where we have to build a integration between PS Cost plan (At WBS Element level) to SD Quotation. I have to use transaction CJR2 for this. we will add the custom field 'Indicator' on the initial screen of transaction CJR2 for this. I want to know what is the HEADER DATA table for Project Cost Plan, so i can add this custom field in that table and letter on use in CJR2.
If someone have done any kind of modification for work on CJR2 transaction, please provide me some information on this since i am first time working on PS module. I need some information on modifying the initial screen on transaction CJR2.
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Thanks,

Hi,
you'll find Project cost plan in tables RPSCO / COSP
regards Andreas

Can Oracle Project costing drive the depreciation expense amount from FA

-Does Oracle project have direct integration with Oracle FA for deriving the Depreciation amount to oracle project costing and same as sallary in oracle payroll ?
Answer:
1) No, there is no integration as such with Payroll
--- Second Q If Yes ;
If i have Machine X it depreciates 100 USD per month , so i have assigned this machine for 15 days in project 1 and the other 15 days to project 2 did the system will allocate 50 USD to project 1 and 50 USD to project 2?
Can someone answer this - my thoughts are ...
2)Yes, ideally it should allocate amount to multiple projects, not sure whether it is done automatically or we need to run any process ... is there any documentation on this as I was unable to find it.
Please if the Q1 have answer yes i need document how to do this integration , and if Q2 answer is yes also i need who to or what is the condition to reach this point?
Thanks, Ferhiz DInshaw

per our pidgin conversation:
first of all, you are right - there is no such integration with Payroll or FA. depreciation is calculated in FA only. in Projects we do not derive it or control it in any way.
all we do in PA is we collect costs as they occur, generate asset lines and advise FA that an asset is subject to depreciation
regarding multiple projects - that is not how it works right now. a project can have as many assets as needed. However these assets are bound to a single project and do not exist as organization wide transactions.
when you interface your asset lines to FA, you can merge them to existing assets. This again is standard FA functionality. If there is a requirement to have cross project assets in PA, it is an enhancement request.
hope it helps
thanks
gene

How to derive/generate Revenue only wth Project costing?Burdening possible?

Hello Experts / Dina,
I am doing a implementation to customer where only Project costing is in scope and customer wanted to derive / generate revenue for few of the revenue generated project using oracle project costing. Currently this customer is using legacy external application to enter manual journal for revenue.
So can you please provide me workaround to achieve only revenue generation using oracle project costing?
I have one workaround but wanted to validate from you all experts. Plz help me...
1. Enabling budening on same expenditure item I can generate revenue using burden schedule and setup total burden cost db and cost cr account in auto accounting so that burdent Cost Crd account will be a reveue account and burden Cost dbt account will be UBR a/c. and then transfer the burden cost to GL as revenue vs UBR.
This work around is thorotical and dont know what is implication of burden mulitpliers. If I used this workaorund then revenue (burden cost) amount is depend upon the expenditure orgnization multiplier and not on job based or employee based. How to solve this problem?
I think there is possibility to drive the burden multiplier based on expenditure types..if taken that approch then end up in creating lot of expenditure type for each multiplier.
So please help with workaround or someother method.
Thanks

Hi Dina,
First of all many many thanks for posting your answer on this question.
1. > I tried using total burden schedule approch to generate revenue but I think there is problem to restrict the accounting for the expenditur items which should not be burden ( need not to be generate revenue). As Total burdening approch creates burden accounting as raw cost though burden mulitplier is not specified ( system takes as value 0) :(
2.> Then I tried a approch of using create & distribute burdening method ( burdening on separate expenditure item) - This works fine and generate burden accounting ( revenue a/c -& UBR). And provides a restriction of generating revenue on selected expenditure items based on burden schedule schedule (multiplier as 0 not specified). On Expenditre Inquiry also can reports a revenue after querying on Expenditure Type Class as "Burden Transactions". You can also reverse items and reverse costing / burdening ( reveneu ) with normal standard process.
3.> If I wanted to use borrowed and Lent processing then I guess it will be easy. But only problem is I can't keep Project Org as Resource Org. Then there is pain in defining lot of resource organization and project organization ( I m not sure customer will agree :() . Also after referring the Project API guide I am still confuse about 2 diff extention doing same thing.
a.> Transfer Price Determination Extension b.> Transfer Price Override Extension . Can you please explain what is difference between both of them and wat is purpose for both of them?
Also In case i don't used the extension then I will be left only using Transfer price % ( 100% + ) to derive my revenue price? rght? Also I am not sure how can customer will have restrictions on the expenditure items which should not generate revenue? ( By defining another transfer price schedule on the selected TASKS with rule as transfer price % 0? )
and I hope by using borrowed and lent processing I can do adjustments ( like reversing of revenue ) as standard way?
Please guide.
Thanks a ton !!!
Cheers,
:-)

Retirement Cost in Project Costing

Hi,
Can anyone help me out the steps to capture the retirement costs in Project costing for Capital Projects.
Regards,
Murthy

Well, in a capital project, you collect the CIP and expense costs for each asset you are building. The same applies to retirement costs. You use a capital project to accumulate/capture costs associated with the retirement of a group asset. Oracle manuals do specifcally use the term "retirement of group assets" when capturing retirement work in process (RWIP). You would then interface the RWIP costs to Oracle Assets (the same Mass Additions process as setting up a new asset). Why they say group asset, that I do not understand? Why should it matter if it is a group asset or not, when it comes to retirement? I personally have never done this though. If we have any retirement costs, we just record directly to the general ledger - don't record any Oracle project cost. But then we don't have a lot of assets and don't retire many assets as a result. Will be interesting to see if any Oracle customer out there is actually doing this. You may have to end up going to Oracle Support to get this information. The user guide is not very information about exactly how this RWIP thing works. Make any sense?
John Dickey

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I wanted to know in this scenarion how the retention payment / invoice matches to purchase order impact on cost interface to project by using PRC:Interface cost to projects.
Thanks in advance,
Regards
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Hello,
As per Oracle Costing user guide on retainage.....
"Oracle Projects does not report on or interface project-related retainage distribution
lines as commitments or actual costs. Instead, Oracle Projects captures the full amount
of the expense as a commitment and, when applicable, for the funds check. Later, the
full amount of the expense is interfaced to Oracle Projects as an actual cost. Retainage is
related to the payment of the invoice and it ultimately does not have an impact on the
overall project cost."
So in relation with my previous example, if period end accounting is enable on procurment side then on raising of purchase order of 1000GBP and interfacing cost to oracle project, will be treated as commitment amount(1000GBP)? and when the invoiced raised / matched and accounted for 1st milestone let say 300 GBP then complete 1000GBP will be interface as actual cost or just 300 GBP will be as actual cost?
Really appreciate if you can me help in understand. :-)
Thanks

Sap construction project cost escalation

Hi Experts,
My current client asking to implement the Project Cost Escalation . Please brief me how to proceed.
Thanks in Advance
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Please guide in the following scenario.
my client is getting project with escalation clause applicable. In this clause the variation in the rates of material or services gets the impact on cost of project . The variation in cost due to change in rate impacts the escalation. The escalation has some short of formullas mutually understood with client, which also includes RBI index and all.
Eg. Estemation has been done for 1000 Ltrs petrol at 50 Rs/ltr in the project. Project will be executed for 5 years. In first year 200 ltrs has been consumed with a rate of 53 Rs/Ltr. Then the extra amount 200 X 3 (this is not the formulla, it is being desided with customer and their client) = 600 will be claimed to client.For this system should record the year wise consumed/work done qty and the variation of rate to generate the claim amount.
The extra amount generated should have to be claimed as escalation value.

Need Project costing details

Dear All,
Hi, I created one new project in project systems and i created wbs element, network and network activity.In network activity i maintained the work center, work hours and activity type.Here i am implementing activity based costing.But i am getting the any project cost in s_alr_87013543 t.code.In order level i am getting all the internal cost,but in project level i am not getting any internal activity cost.Anybody please help me.
Regards
Reddy

Hi
As Per My Understanding , For Activity variance you need to maintain the Planned Price in KP26 For the Work Centers, so please check if that are maintained. Correct me if Iam worng.
Thanks
Goutam

Project cost to Quotation

Hi
i am using dip profile to transfer project cost to Quotation in that i can able to transfer all the activity cost but i can't able to transfer the general activity cost.Please give valuable input to me.
regards
Raj

the general cost activity is planned against a cost element - this would be a default entry in your network profile.
In the DIP profile you need to set up the characterisitic - cost element - like activity type (which is working for you)
Then set up a DIEN material and use the cost element as a source
This way your cost activity will be covered

Opening Balances for Project Costing in R12

Hi All,
What are the Open transactions should be migrated as Opening Balance in Project Costing (R12) for Projects and Tasks. Here at client place cost will come from Inv, PO, AP and OTL to Project costing (R12). Can you please explain in detail (Opening Balances & Historical Cost - How to Migrate)?
Waiting for replies...

Hi
Usually on implementation of Projects, people are migrating total historical costs per project.
Depend on your current system, you may convert the historical data summarized by project, task, expenditure organization and expenditure type. There is an option to summarize costs into the latest period, just before starting the future transactions import into Projects. Otherwise, consider summarizing cost data per period, per quarter or per year.
The summarized data may be loaded as miscellaneous expenditures into Projects.
Be aware that for converted expenditures you should setup a Transaction Source which is costed and accounted.
Dina

Settlement of Project Cost and revenue to GL

I am trying to Settle the project Cost and Revenue to GL account. For the same I have defined settlement profile maintaining GL as optional receiver and then I have maintained Source structure for cost and revenue as to separate them at the time of defining settlement rule, defined Allocation structure where in receiver against source, I have assigned GL as by cost element receiver. After that I have maintained settlement rule for WBS element, but when I am running a settlement is done to either of the GL for cost or Revenue which ever is defined first in settlement rule. It is not creating any settlement for second line item of the settlement rule and system is not giving any error message as well.
Where as if I am trying individually only for cost or revenue , settlement is completed with all the values but with any accounting document generated, but if I see the entries to that GL, a settlement entry is created for that transaction.
Can anyone please help in solving this issue ASAP.
Thanks and Regards

Hi,
    If it is posting to the first line means....
Follow the steps below:
First try to create a project and post the actuals and revenues.
Go to cost element report pick up those cost elements both for costs and revenues.
Go to Soruce Structure in the config, define the structure with name for Ex: 'Z1' and define two assignments, one is Costs and other Revenue, by selecting the costs go to Source mention the cost element where the actual costs are posted on (Mention only that cost element no other cost elements), next select the Revenue assignment and click on Source and mention the only cost element where the revenue wsa posted (Mention only that revenue cost element no other cost elements) and save the transaction.
Come back to project builder, select the wbs and click on settlement rule, in the menu goto-->settlement parameters and check whether the source and settlement profiles are correct or not, incase source structure is not available mention the same.
come back to settlement Rule overview and fill the fields as mentioned below:
1st line:   Category: GL
              GL Account: GL Account Number
              Source Structure: COSTS
2nd Line: Category: GL
              GL Account: GL Account Number (Revenue Account)
              Source Structure: REVENUE.
Now Run the Settlement for the specific period costs posted, the costs will be posted seperately to the two different GL Accounts.
I think this will resolve your problem.
Rgds
Sudhir Reddy

A Standard RRB report that shows actual project cost line items .... ?

A Standard RRB report that shows actual project cost line items but that also shows amount/qty by rejected, billed, to be billed, postponed?
I'm looking for something that will allow project managers to reconciile with the RRB totals and be able to dril in a see a level detail not available in RRB to decide what should be billed, what should should be deferred (postponed) and what should be rejected out of hand.
Thanks.

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Creating Master Project - Child Projects Hierarchy in Project Costing

Hello,
Is it possible to create a Master Project (for example, for a division) and one or many Child projects for that divisions as the projects get rolled out?
A division is given a budget which can be assigned to the Master Project and as the divisional Projects are rolled out with a specific budgeted $s, the Master Budget would be reduced with a new version, so the total budget amount at Master Project Level remains the same.
Just like each sub-task roll up to a Top task and top-task make up the total Project, is it possible to create hierarchical Master-child project relationship with up roll up capability.
Thanks for sharing your thoughts. Note: The client @ 11.5.10 does not have License to use Project Contracts, and uses only the Project Costing module.
Regards.

Hey, those ain't "newbie" questions. The first one gets posted to the Forum Comments forum weekly. The second one, well I should have posted my normal detail, but got lazy - mea culpa, mea culpa.
1.) This ARTICLE should step you through the processes with the e-mails. If you have any questions, let us know. There are several places, where e-mail notification can be turned ON and OFF. Some are global, and some are specific to threads.*
2.) Ah, the ImgBurn site. The top 2/3 are all ads. Hey, it's great free software, so who can blame 'em? Scroll down to where the page has the various versions and what they addressed. There is a Download button there (well below those ads). That is what you want. Normally, I mention the scrolling way down page, but you caught me here.
Good luck,
Hunt
* Going back a few months, while trying to help another user on the Forum Comments forum, I got hit with a global change in my e-mail settings. I got about 1,000/day, for every forum that I participate in - think 1,000 x PS, PrPRo, Encore, InDesign, Illustrator, Audition, PrE and all of their sub-fora! Fortunately, it only took about 3 days for Adobe to get that fixed.

What kind of component to use as CI if I want to add a project costing rec

Seems like the Project_Express and Intfc_Proj_Express components do not allow, by default, for a creation of new records. When I tried to enable the creation by allowing for Adds in the component properties, and then create CIs from these components, it still will not allow me to create a record (the create in the CI tester is disabled). Any ideas on how to create a project costing transaction record via a CI?

Allright I found an answer myself. What we call Cinch-cabel in German is a common phono-cable in English...
so in order to extend the speakercables just use male to female phono-cable!
my bad guys!

Project costing/ Net working Costing

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