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.