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5 Replies Latest reply: Jan 18, 2013 6:26 AM by Dina Rotem RSS

How to Transfer PPV to anthor project

GovindVenu Explorer
Currently Being Moderated
Hi,

We are using standard cost method and PJM

Item is received in Project locator for Project A. Cost collection program transfer the cost based on Std cost and PPV to Project A.

Now the Item is transferted from Project A to Project B locator in inventory . Only the Std cost get transfered to Project B. The PPV is still remain in Project A.

How to Transfer the PPV from Project A to Project B. (Project Transfer option in Exp inquiry is not allowed since the Source is Inventory).

Thanks
Govind
  • 1. Re: How to Transfer PPV to anthor project
    Dina Rotem Guru
    Currently Being Moderated
    Hi

    There is no standard method to transfer the variance (PPV) between projects.

    As a workaround you might consider update the standard cost so it will reflect the real PO price (including the current variance). You might need to update the item cost just before entering the project transfer transaction in Inventory.

    Another method could be to enter two miscellaneous expenditure in Projects Costing, one will reduce the PPV amount from project A, and the second will charge the same amount to project B.

    Dina
  • 2. Re: How to Transfer PPV to anthor project
    936996 Newbie
    Currently Being Moderated
    Govind

    You can use a Expenditure Type to capture PPV separate from the STD cost in the PJM parameters.
    Once it flows into Projects using Allocation Rule send these expenditures to another Project.
    Hope this helps.

    Regards,
    DR
  • 3. Re: How to Transfer PPV to anthor project
    Dina Rotem Guru
    Currently Being Moderated
    Hi

    The Allocation method is fine when you have all project transfers of project A to project B. Then you might allocate all PPV summarized in project A to project B.
    In case you want to deal with individual item/PPV transaction the project allocation will not help you, and the solution need to deal with individual transaction amount.

    Dina
  • 4. Re: How to Transfer PPV to anthor project
    GovindVenu Explorer
    Currently Being Moderated
    Hi Dina,

    Thanks for the input.

    if i use allocation to transfer the cost from project A to Project B (all cost including PPV) am I have to use only Misc Expenditure type?. Is it possible to use the same exp type used in Project A

    Thanks
    Govind
  • 5. Re: How to Transfer PPV to anthor project
    Dina Rotem Guru
    Currently Being Moderated
    Hi

    I understand you want to allocate all cost incurred on project A to project B. If you setup the allocation rule to do that, each run of the allocation process will generate one expenditure item on the target project.
    Therefore, you can have only one expenditure type for such expenditure item.

    If you want to keep the list of expenditure types of project A so cost will be transfered to identical expenditure types in project B, you might consider setting up multiple allocation rules.
    You need to setup allocations source by resource list, where the resource list is defined by expenditure types. The summarization process will summarize the total amount of each expenditure type on project A. You will need to setup each allocation rule for an individual expenditure type (resource) in project A. Foe each such allocation rule you set the target expenditure type to equal the source expenditure type. Be sure to have all you expenditure types with an additional expenditure type class of miscellaneous.

    Dina

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