(07) POC Method Using Progress Version
Use
You can use the method POC Method on Basis of Progress Version for projects.
This results analysis method calculates the percentage of completion (POC) on the basis of the project’s progress version.
The POC method is often used in Britain and North America. Since German law does not allow unrealized profits to be reported, the POC method is used in Germany only for internal information purposes.
Prerequisites
Choose a results analysis method in simplified Customizing for Product Cost by Sales Order under Period-End Closing
® Results Analysis ® Valuation Method.Features
The results analysis data is calculated in a similar way to the quantity-based POC method (05) except that the POC is calculated on the basis of the project’s progress version.
See also:
Quantity-Based POC Method (05)For detailed information on projects, see the document LO Project System.