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 cost/revenue elements.

Actual markups are used when valuating an application for payment using the project cost data.

Prerequisites

Cost/revenue elements should be predefined for the company.

System Effects

The markups based on 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 is Cost-Plus.