Skip to main content
Question

loss at completion on project

  • April 11, 2025
  • 1 reply
  • 18 views

Forum|alt.badge.img+3
  • Do Gooder (Partner)
  • 4 replies

Is there a function in IFS that allows losses on completion to be recorded?

1 reply

SeW
Sidekick (Customer)
Forum|alt.badge.img+7
  • Sidekick (Customer)
  • 22 replies
  • April 14, 2025

Hi, 
in Project Definition you find the tab “Margin”. In that tab IFS display the margin of the project so normaly you don’t need to register losses:
 


Additional to that it is possible to register cost with “report project cost” function:

 


There is a seperate posting contorl for that costs (PRJC3 and PRJC4), based on that you could set up an report code for losses and map it to respective account. 

regards Sebastian