Project Processing
Project Processing includes three processes:
- Procurement
- Project Shipment
- Invoicing
Procurement from a Project prompts any of the following procurement processes:
- Time Entry
- Direct Purchase
- Procurement from Inventory
- Procurement from Production Order
Project Shipment – the shipment of usage posted to a project – is supported by a special document.
- The posting of a Project Shipment document produces no value changes, which is different from inventory postings because the usage is already assigned to the project (via procurement processes).
- Project Shipment documents are useful for process recognition and to provide a printed Shipment document.
Invoicing from a Project is based on posted usage or adduced performance. There are three types of invoicing:
- Direct Invoicing of posted usage entries
- Invoicing via release (Fixed Price, Realized %)
- Invoicing based on performance (for example, realized milestones instead of posted hours)
All Project Processes have these inherent features:
- Different options are available; therefore, a channel can be used to specify the processes.
- Due Dates are needed in planning.
- A planning process is completed first.
- Entries are released based on planned processing.
- Necessary documents are created along with releases.
The following table describes a sequence of tasks, with links to the topics that describe them.
| To | See |
|---|---|
| Learn about the procurement functionality. | Procurement |
| Learn about the project shipment functionality. | Project Shipment |
| Learn about the invoicing functionality. | Invoicing |
Feedback
Submit feedback for this page .