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Update Sales order item cost estimate

Aug 31, 2017 at 02:45 PM

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Hello

We have "Service -Fixed Price (Project)" which have revenue accrual method of "Recognize using cost-to-cost POC". These projects usually last a long period (1yr+). Since these projects last a long period, the cost estimate will require frequent update to get the revenue percentage calculated correctly.

However, due to the nature of Sales, the product is invoiced periodically using the Invoice Schedule feature. Once an invoice is triggered, the ability to update Sales order cost estimate is no longer possible. Creating new project baseline doesn't help either as POC is calculated against Sales order price rather than project cost valuation.

Is there a work around so an updated cost estimate is used to calculate the POC on Sales order item?

Thanks

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Former Member
Sep 01, 2017 at 06:40 PM
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Dear Yash,

The behavior of the Sales Order is not update the value, automatically, because of external document (Project), but if you want, you can do it manually

1. Go to Sales Order ABC (which means your SO)

2. Go to Pricing and Invoice tab

3. Scroll down until button UPDATE PRICING

4. Click on this button and then click and Update price "completely" (if there is not manually information added) or Keep Manual Changes (when you have manual information added)

With this steps the sales order will have the information actualized.

Now, if you want something automatically, my advise is keep in touch with Service center to develop a feature.

Any doubt, please, let me know!

Victor Farias

Support Consultant

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