This activity is used to add pre posting on the sub contract. Pre posting is used to track application cost components during the life cycle of a sub contract valuation. The intention is that it designs a default code string, where the code parts are available in the Code Part Values page. This code string will be used in IFS Financials and the pre posting will be used in all financial transactions for applications for payments created by a sub contract.
Since projects can be connected to a sub contract, project pre posting, i.e., if any pre posting exists for the default project on the contract, will be overridden by the sub contract pre posting when valuations are created.