Create Valuation

Explanation

This activity is used to create a valuation for a sub contract. If any previous valuation exists for the selected sub contract, valuation values or certified values will be copied automatically as valuation values to the newly created valuation. For more information, refer the activity description Copy Previous Valuation.

Note: The valuation can be created directly by the B2B supplier user when the B2B supplier creates an application for payment.

The currency, unique project and billing sequence of the item are used to create a unique valuation. Billing sequence is a numeric value that you can assign to items that you wish to be grouped together when you create the valuation. Example:

Currency	Unique Project	Billing Sequence	Group
USD	P1	-	valuation group 1
USD	P1	-	valuation group 2
USD	P2	-	valuation group 3
USD	P2	1	valuation group 4
SEK	P2	2	valuation group 5

Prerequisites

• The sub contract should exist in either the Awarded, Under Review, Active or Completed status.
• A sub contract revision in the Active status should exist.

System Effects

• A valuation is created in the Planned status.
• A snapshot of the sub contract line and sub contract line item information is copied to the valuation.
• If the B2B Status of the valuation is set to Released, the valuation is visible by the business to business supplier user.

Pages

Manage Sub Contract Items
Sub Contract
Sub Contract Valuation
Sub Contracts

Activity Diagrams

Create Valuation