Entering Item Application Values—Exercises
Required Data
Entering Item Valuation
Purpose: The purpose of this exercise is to show you the
required data that is used in the exercises below.
- Enter valuation values for the contract items.
General exercise for
Entering
Item Valuation
Main Exercise
Purpose: The purpose of these exercises is to enter the item
application values and to change the status of the valuation to Application
Received.
Windows:
Sub Contract Valuation
Sub Contract
Entering Item Application Values
Note: Since you are entering item application values, the valuation
you will be working on must originate from a sub contract which has the Item
Level CertificateSub
Contract/Defaults tab.
- Open
the
Sub Contract Valuation window
and query for the valuation.
- Enter 1 in the Application No field.
- Click the
Sub Contract Valuation/General tab, enter the
current date in the Application Date and Application Received Date fields.
- Open the Sub Contract window and query for the sub
contract to which the valuation belongs.
- Click on the Items
tab to see the contract values for each item in the Value Adjusted
field for the first contract line.
- Go back to the
Sub Contract Valuation window, and click the
Item Valuation tab.
- Enter the same values that are in entered in the Value Adjusted field
for each contract item (as step 5) in the Application
Work Value and Application Stored Material fields.
- Save your changes (F12).
- Repeat steps 5-8 for all the items in each contract line.
Receiving Application
- Open
the
Sub Contract Valuation window.
- Query for the valuation
from the previous exercise.
- Right-click on the header and click Status,
then click Receive Application. The value
in the Status field changes to Application Received.
Note: If you have connected your contract items to project activities,
go to these activities and observe the used cost retrieved based on the
application received values.