on 01-09-2008 10:44 AM
Hi
Can anyone give brief overview of contract accouting.. becoz i was recently assigned in that project.. and I got issue in that one. Please I would need your expertise to help me in understanding the problem.
Thanks in Advance.
Hi
What is the exact issue?
regards
Rahul
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Hi Rahul,
The issue is they are unable to do "Grouping of reminders"
explanation of the issue, "The help text for grouping reports that there cannot be grouped at these levels, as well as that you has to make sure that the same grouping is used, if a reminder procedure is used too different contract account's".
Can you tell me what is the the contract, contract object, and grouping of objects
Are u talking about Works Contract
Works Contract: Provision for entering progressive Bills for building construction contracts, credit for iron and steel at predetermined rates (steel and steel bought by the company and given to the contractor) and plant and equipment fabrication contracts and provision for retention money, recovery of materials and contractors materials lying at the site to be mapped. This should be done on the basis of each and every works contract. i.e. each job would have its own unique features.
suresh
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