Predefined Rate contract and Billing

[Former Member]

MM Gurus,

Can we create any predefined rate contract. My client have yearly based rate contract with vendor. In this rate contract they have segricated the amount for each activity. for example - change of motor -100 rs, change of pump 200.

Whenever the service contractor done the job they have raises the bill for the activity. Then bill should be verified with the job and it should be accounted.

kindly suggect me how i can capture this activities in plant maintenance also.

Thanks and regards

G.Sathish

[former_member218067]

Hi,

Satish you can create service PO based on PR generated out of PM order

Use item category D and account assignment category K in service PO and maintain these services as either service masters or text items in PO

You can enter service entry sheet based on activity completed (services rendered) by service provider the rate will be as per PO

Thanks

Diwakar