Recognize Application Deduction
Explanation
This activity is used to recognize an application deduction. To have control of posting
elements, a system object property named DEDUCTION is defined in
IFS/Application Services. If the property value is set to TRUE, the
deduction is recognized and separate vouchers will be created. If not, deduction
postings will not be created.
Prerequisites
- The valuation should be in the Planned status.
System Effects
- Deduction values are recognized as non-cumulative amounts.
- The status of the valuation changes to
Application Received, and vouchers are created automatically.
- Postings are created for the deduction amounts using the Voucher Date,
User Group and Voucher Type as defined in the
Receive
Application dialog box. More information about the
postings created is available in
Posting Types
for IFS Sub Contract Valuation.
Window
Sub Contract Valuation
Related Window Descriptions
Receive Application
Sub Contract Valuation
Procedure
- Open the
Sub Contract Valuation window and query (F3) for
the necessary valuation.
- Right-click anywhere in the header, point to Status, and then
click Receive Application. The Receive Application dialog box opens.
- The default user group and voucher type appear automatically. You can
change these values, if necessary.
- Click OK.