Project as an Investment Measure

Projects are often used as investment measures in the Investment Management component to manage the accounting and controlling aspects of either

a) Investment initiatives to produce long-term fixed assets for the enterprise; these have to be entered in the balance sheet as Asset Under Construction (AUC); or
b) Other measures for which you want to plan, collect and oversee costs

Investment measures are represented in the system as internal orders or WBS elements, possibly with an AUC assigned to them. The flow of data between Investment Management and Project Systems has several powerful business processes encapsulated including cost planning, budgeting, monitoring progress of AUC, etc…. This article expounds on the features dealing with the management of and settlement of projects to AUCs when the investment measure is to construct a long term asset for the enterprise.

SAP PS: User-exits and Customer Enhancements

For functional consultants, having a list of customization options handy is priceless. Being aware of the possibilities to easily customize the system to meet their needs can add a lot of value. This article is dedicated to exploring enhancements and user-exits in SAP as they relate to the Project Systems module. There are several integration points for the PS module, which means that it adds value to a PS functional consultant to be aware of some of the pertinent user-exits from other related modules as well. I intend to keep this blog live with updates and new additions as I keep thinking of what else might be of value here. Some of these customization options will be discussed here, but most of them are linked from already existing sources, where they are more or less self-explanatory. If you would like to get more information in a given area, you’re welcome to leave a comment here or send me an email.