Project Progress

PeopleSoft Contracts integrates with PeopleSoft Project Costing to eliminate duplicate data entry for billing and revenue recognition that is tied to project progress or milestones. You can automatically populate the percent complete (for both revenue and billing plans) in PeopleSoft Contracts with a value generated in PeopleSoft Project Costing. This value comes from the project or project/activity combination in PeopleSoft Project Costing. You determine which auto populate method to use on the Billing Plan - Events page or Revenue Plan page. After choosing an auto populate option, setup a run control (RUN_CA_PCT_UPD) that will allow the processing of one or more plans at a time.

Once you select Run on the Process Project Progress run control page, the system calls the CA_PCT_UPD Application Engine. For each revenue or billing plan selected, this Application Engine retrieves the Percent Source option from the revenue or billing plan:

• If the Percent Source is Specify Percent, you enter the percentage manually on the events page and select the Build Event button. The Project Process Application Engine does not update the event.

• If the Percent Source is Project, CA_PCT_UPD retrieves the percent complete based on the project.

• If the Percent Source is Project/Activity, CA_PCT_UPD retrieves the percent complete based on the project/activity combination.

The CA_PCT_UPD Application Engine process performs the following actions:

• Creates or updates an event based on the percent retrieved from PeopleSoft Project Costing.

• Rebuilds the billing or revenue schedule to reflect the new or updated event.

The CA_PCT_UPD process writes a message to the log that indicates how many plans were updated by the batch process.