Recognize Application Discount

Explanation

This activity is used to recognize an application discount. To have control of posting elements, a system object property named Discount is defined. If the property value is set to True, the discount is recognized and separate vouchers will be created. If not, discount postings will not be created.

When the valuation is set to the Application Received status, the discount amounts are posted in the application.

Prerequisites

• The valuation should be in the Planned status.

System Effects

• Discount values are recognized as non-cumulative amounts.
• The status of the valuation changes to Application Received, and vouchers are created automatically.
• Postings are created for the discount amounts using the Voucher Date, User Group and Voucher Type.

Pages

Sub Contract Valuation

Activity Diagrams

Create Valuation