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Scenario and Version Dimension

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edited Jun 10, 2018 7:49PM in Planning 2 comments

Summary

Need Guidance what to place where

Content

Hi Gurus - I would like to take guidance over three peculiar petrochemical industry based business requirements. EPBCS Financials, Projects and Workforce is being implemented.

1. Yearly plan is prepared based upon 100% figures against an Entity and Product (POV). These figures are reduced based upon %age share of company ownership e.g. cost of an exploration well is shared between two parties 60% (we) and 40% (other party). Say total entered expense is $100,000, called as GROSS Figure; it is reduced to $60,000, called as NET.

2. Few expenses are contingent upon happening of an event, called as CONTINGENT; and few expenses are confirmed, called as FIRM.

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