Report Planned Cost
Explanation
Use this activity to report the planned cost of a sub contract revision to
the connected project
activity. The planned cost will be reported automatically when a revision
is activated. Select the Report Planned Cost check box if you need to
report planned cost before activating the revision.
Only one active revision of the contract can report planned cost at any given
time. The cost elements on which the cost is reported to
the connected project activities will be derived depending on the posting
control setup. The default activity will be used to report cost of all
the items that have not been connected to a project activity.
Prerequisites
- The sub contract should be connected to at least one project activity.
- An active revision should exist or the Report Planned Cost
check box should be manually selected for the non-active revision.
- Posting control setup should be defined so that the correct cost
elements will be updated.
System Effects
Planned cost of the contract revision will be
reported to the project cost activities connected to the revision.
Window
Sub
Contract
Related Window Descriptions
Sub Contract/Revision
Sub Contract/Lines/Items/Items
Procedure
- Open the Sub Contract window and query for the required sub contract
or select from the list of values.
- Click the Items tab and
select the required contract revision.
- Select the Report Planned Cost check box. Note: This check
box can be selected for contract revisions that have not been activated yet.
- If changes are made to project cost elements, or discounts and
deductions on sub contract, select the revision line on the
Revision tab, right-click and then select the
Update Planned
Cost menu option.
- The Report Planned Cost check box is automatically
selected, when activating a non-active revision.