Complete Sub Project
Explanation
This activity is used to complete a sub project. To perform this activity
use Sub Project Completion command and select the ID of the
sub project you want to complete. You can modify user group, voucher type and
voucher date if required. This should be done in both General Ledger and Internal
Ledger tabs if the Separate GL/IL Rules option is enabled for the project.
Prerequisites
In order to perform this activity:
- A sub project with all it's activities in the Closed status should
be connected to a project defined in IFS Project.
- The capitalization posting method of the project to which the sub project
belongs should be Periodical.
- All the vouchers relating to the sub project should be updated to the
General Ledger. (Note: The vouchers relating to the sub project are
those with postings to the project to which the sub project belongs, and
with an activity belonging to the sub project specified in the same voucher
rows.)
System Effects
As a result of this activity:
- A voucher of the voucher type P will be created in the hold table
for projects of Capitalize Rev/Exp, Capitalize Expenses and
Capitalize Revenue types. If the Separate GL/IL Rules is
enabled for the project, separate General Ledger and Internal Ledger
vouchers will be created. No vouchers are created for projects of which
the project type is No Capitalization or Project as Code Part.
- The status of the project to which the sub project belongs will change
to PartiallyCompleted if it has other subprojects which are not complete.
If all other sub projects are completed, the project status will change
to Completed.