E1: 51: Create A Job Cost Close Date - Allow Job Cost Programs To Close A Month Behind General Accounting
(Doc ID 2260661.1)
Last updated on FEBRUARY 07, 2019
Applies to:JD Edwards EnterpriseOne Project Costing - Version 9.2 and later
Information in this document applies to any platform.
9.2 version, Project Costing
The system does not have a separate close for Job Cost/Advance Job Forecasting/Change Management
The system should have a separate close for Job Cost/Advance Job Forecasting/Change Management
Create a Job Cost Close Date - allow Job Cost programs to close a month behind GL The Forecasting process is done a month behind the GL close process. This means that the March Forecast is completed during the month of April. This process is not unique to Skanska; it is the normal process most companies use to calculate forecasts. There is a need for the system to support forecasting a month in arrears. The following is needed for this to happen:A separate Job Cost closing date is needed to allow Job Cost programs to be closed a month in arrears of the GL close. Currently all programs are closed using the GL Date in the F0010 table. A separate Job Cost close date will provide users with the ability to work a month in arrears and have the ability to lock out any changes prior to the Job Cost Close Date. This would allow a way to insure that the inputs to the Forecast are locked down and do not change after the Forecast is finalized. The Change Management system needs to be included with the new Job Cost Close Date to allow Change Requests to be entered in connection with the updating of forecasts. The Budget Revisions program (P510171) currently allows the GL Date edit to be bypassed; however it opens up the Budget Revisions program for all dates. This program needs to be able to be controlled by the Job Cost Close Date.The Job Progress Entry program (P510212) currently allows the GL Date edit to be bypassed; however it opens up the Budget Revisions program for all dates. This program needs to be able to be controlled by the Job Cost Close Date.Advanced Job Forecasting Module – Forecasting would be subject to this date also. We need to determine how the system will work for Forecasting due to the requirement that the Forecast used for Profit Recognition is 60 days in arrears rather than just the one month in arrears cycle.
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