on 09-19-2012 4:49 AM
in OKG3, we use RA method 3, which is cost based percentage of completion, but our RA type is E (revnue based with profit realization), is the setting correct?
I remember for revenue based, it is complete contract method, which should use RA method 1, is it true?
Hi Robin,
For CCM
RA type: "E"-->Revenue-Based Results Analysis
Profit indicator:"C" -->Completed-Contract (100% Results Reserve
For POC
RA type: "E"-->Revenue-Based Results Analysis
Profit indicator:"Q" -->Percentage-of-Completion
Thanks,
Rau
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Hi Rau,
Thank you. my profit indicator is M in OKG3, so is it CCM or POC? if it is M, calculated revenue is based on POC or complete contract?
also I notice that RA method can be 3 (cost based) or 1 (revenue based), if these two methods are used, is RA type always E? so cost based and revenue based both can be used in POC or CCM?
Robin,
Thank you. my profit indicator is M in OKG3, so is it CCM or POC? if it is M, calculated revenue is based on POC or complete contract?
Completed contract method with REL status
RA type: "E"-->Revenue-Based Results Analysis
Profit indicator:"C" -->Completed-Contract
Completed contract method with TECO/FNBL status
RA type: "E"-->Revenue-Based Results Analysis
Profit indicator:"M" -->With Profit Realization
also I notice that RA method can be 3 (cost based) or 1 (revenue based), if these two methods are used, is RA type always E? so cost based and revenue based both can be used in POC or CCM?
Revenue-based results analysis allows you to:
With the cost-based POC method you can:
Thanks,
Rau
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