Project POC to determine actual cost and actual revenue
Dear all experts,
please help me on the following issue.
i am working on a project for sales.
the project actual cost and actual revenue will be determined by the project POC.
i have read the SAP help about project progress.
but it confused me.
my first question is how can i caculated the actual POC?
is there a standard predefined way to solve it?
please give me some hints or suggestions.
thanks a lot.
Judy
Hi,
Can anyone detail the steps involved in carrying out RA with Valuation Method 7 with progressive value analysis. Here, we can give a percentage of POC into the system as certified by the Engineers unlike Valuation method 3 where the POC is calculated on the basis of actual costs incurred.
In the case of valuation method 3, only revenue is analysed by the system with reference to the POC and necessary entries are posted as Revenue surplus or Revenue in excess of billings. Whereas in the case of valuation method 7, both the revenue and costs are analysed and necessary provisions are made both for revenue and costs.
Regards,
Judy
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Message was edited by:
Rk Pasupuleti -
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