RA with Valuation Method 7 with POC %ages

Hi,
Highly appreciated, if you can 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,
Ashok Singh

hi
check your settings for accounting documents postings

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