Executing the Cost Forecast 

Prerequisites

Costing-relevant activities or material components have been planned.

Procedure

  1. Choose Logistics or Accounting ® Project System ® Financials ® Period-End Closing ® Individual Functions ® Cost Forecast.

    2. Choose Individual Processing or Collective Processing.

    The Cost Forecast screen appears.

  2. If you are using individual processing, enter a project.

    3. If you are using collective processing, enter a selection variant.

  3. Under Version, specify the forecast version.

    4. The standard system offers forecast version 110.

  4. Select the process control fields you require:

The following options are available:

This field is only available in collective processing.
  1. You usually run the cost forecast as part of period-end closing. The default for the key date is the first day of the current period.

    2. The key date determines the cost distribution and the date for determining the open quantity for the material component.

    To set your own key date, choose Set date.

    The dialog box Cost Distribution from appears. Enter the appropriate date here.

  2. Choose .

Result

The system determines the cost to complete and records it in the forecast version, by period, along with the actual costs and commitment values.

The system also outputs a two-level log:

This contains information on the selection and, if appropriate, references to possible errors during the cost forecast.

For each object, this shows the forecast version values, cost element by cost element. You can jump directly from the log to the Project Information System.