In my present PS-implementation project, contract spend is major element of expenditure in project. The usual problem in these cases is that there would be a delay in contractor applying for payment and actual payment being released. Actual against the project would not appear unless Service entry or GR is done. But client doesn't wish to have this option as they sit in other module and would also require a PO reference and quantities during entry. In some cases it would be not really possible to enter quantities as in contract/PO's the unit of measure could be mostly as Lot..
Another way of calculating the value of work done automatically is having network activities and use POC's/Progress analysis to arrive at value of work done but problem is that we have not considered to use networks .
Requirement(s) now are:
Any simple way to capture or enter the value of work done (in amounts) values against the WBS elements to reflect the amount of work done regardless of invoices paid?
Also a way to calculate the difference between this value and payments made and pass it on to FI as accruals against project.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.