1 / 8

Project with Fixed Price and T&M Billing

Project with Fixed Price and T&M Billing. SAP Best Practices. Purpose, Benefits, and Key Process Steps. Purpose This business scenario addresses the typical business processes of an engineering or industrial design company. Benefits Contract Management Project Management

octavius-booker
Download Presentation

Project with Fixed Price and T&M Billing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Project with Fixed Price and T&M Billing SAP Best Practices

  2. Purpose, Benefits, and Key Process Steps • Purpose • This business scenario addresses the typical business processes of an engineering or industrial design company. • Benefits • Contract Management • Project Management • Cross-Application Time Sheet • Fixed Price Billing • Resource-Related Billing • Key Process Steps • Creating a Quotation • Creating a Customer Contract • Maintaining Realization % on contract line • Generating the Settlement Rule • Changing the Project • Planning Cost Elements/Activity Inputs • Time Recording (211) • Travel Management (191) • Creating the Fixed Price Billing Document • Creating a Resource-Related Billing Request • Creating the Invoice for the Billing Memo Request • Period End Closing Projects (207)

  3. Required SAP Applications and Company Roles • Required SAP Applications • SAP enhancement package 5 for SAP ERP 6.0 • Company Roles • Sales Administration • BP: Service Agent • Project Manager • Sales Billing • Service Employee

  4. Detailed Process Description • Project with Fixed Price and T&M Billing • An agreement with a customer for a design project requires a down payment and billing based on performance of defined milestones. The design company sets up a project structure and assigns employees to specific activities based on skill sets and availability. The project is automatically created from the contract using a pre-defined project structure template.

  5. Process Flow Diagram Project with Fixed Price and T&M Billing Event Purchase orderformalizing request for a project is received Sales Administration Create a Quotation BP: Service Agent Create a Customer Contract Maintain Realization % on Contract Line Project Manager Travel Management (191) Change the Project Generate the Settlement Rule Plan Cost Elements / Activity Inputs Period End Closing Project (207) Sales Billing Create the Invoice for the Billing Memo Request Create the Fix Price Billing Document Service Employee Create Resource-Related Billing Request

  6. Diagram Connection Legend <Function> Hardcopy / Document External to SAP Financial Actuals Business Activity / Event Budget Planning Unit Process Manual Process Process Reference Existing Version / Data Sub-Process Reference Process Decision System Pass/Fail Decision

  7. Appendix Master Data Used • Service Plant • Operating concern • Controlling area • Company code • Plant • Sales organization • Distribution channel • Division • Contract type • Sold-to party • Material • CATS Data entry profile • Personnel number • Operating concern

More Related