Define Actual Markups on Sales Contract
Explanation
This activity is used to define actual markups specific to individual
sales contracts. Actual markups are defined for individual project cost/revenue elements.
Prerequisites
Project
cost/revenue elements should be predefined for the company in the
Project Cost/Revenue Elements window.
System Effects
The markups based on project cost/revenue elements will be available for the given
sales contract and will be used at the application for payment when the
valuation method used to calculate sales value for the application is Cost-Plus.
Window
Sales Contract
Related Window Descriptions
Sales Contract Basic Data/Markups/Actual
Markups
Procedure
- Open the
Sales Contract window, and query for the sales
contract record for which you want to define the markups.
- Create a new record in the
Markups/Actual Markups
subtab and create a new record.
- In the Project Cost Elements field, use the List of Values to
select a project cost element which identifies the project
cost element for
which you want to define the markup.
- In the Markup field, enter a markup value to fit the project
cost
element.
- Click Save.