Using Project Process Configurator for Percent Spent Revenue Calculations
Requirement: We use cost-to-cost (percent spent) revenue calculation in revenue recognition for our client. There is a requirement to exclude certain actual costs from rev rec calculations are they are not true project costs like a provision for loss for example.
Gap: Currently there is no way other than using PPC to tweak the revenue calculation formula to exclude certain expenditure types. The idea is to create PPC>Create New Revenue Method>Assign revenue method to contract line bill plan>Run Revenue
Issue: After configuring the PPC and then creating new revenue method to assign the newly configured PPC, we dont see Transaction Type LOV, which is restricting us to save the revenue method.
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