Additional Settings for Valuation of Semi-Finished Constructions

Use

For each controlling area, results analysis key and version, you control which procedure you follow for the valuation of semi-finished constructions.

Depending on which valuation you have chosen, enter the line IDs under which the key figures are to be updated, which is not calculated in the standard results analysis.

Procedure

  1. In Customizing for Project System choose Start of the navigation path Revenues and Earnings Next navigation step Automatic and Periodic Allocations Next navigation step Construction Progress Report and Valuation Next navigation step Additional Setting for Valuation of Semi-Finished Constructions. End of the navigation path

  2. Choose New Entries.

  3. Enter the controlling area, the results analysis version and the results analysis key.

  4. Enter the maximum rounding error in the currency of the controlling area that is allowed when the invoiced service and activity in the construction progress report are compared.

    Note Note

    In contrast to the construction progress report, the invoiced service is updated to the cent. If a difference is calculated between the invoiced service and the service value which is less or equal to this rounding error, the difference is set to zero.

    See also: Valuation Procedure Description

    End of the note.

  5. Enter the line IDs for the valuation in line with the GCC or IAS.

  6. Save your input.

Example

In accordance with the example in Defining Line IDs and Update enter the following line IDs for the valuation methods.

  • Valuation in Line With German Commercial Code

    • BVL as line ID for asset reduction due to incurred loss

    • BDV as line ID for asset reduction due to imminent loss

  • Valuation in Line With IAS

    • LDV as line ID for reduction of non-invoiced work due to imminent loss

    • KFL as line ID for future receivables from work completed