Wednesday 7 June 2017


 SAP PS Training


SAP PS (Project System) is one of the important modules of ERP system. In the present of the business situation, everything seen as a project. SAP Project System is a coordinated project management device utilized for arranging and overseeing the project. It has a few tool that empowers the project administration process, for example, cost and planning budget, scheduling, requisitioning of materials administrations.

"SAP Project System oversees and bolsters all the SAP Projects in the organization". What precisely SAP PS(Project System) is for, the project is a source association of planning, scheduling, gathering and producing income and use over a time of the project period.


SAP PS Process Flow 


 Purpose


Both large-scale projects, such as building a factory, and small-scale projects, such as organizing a trade fair, require precise planning of the many activities involved. The project manager has the job of assuring that the project is completed efficiently, on time, and within budget - which he or she achieves by assuring that the required resources and funds are available as and when needed.

Projects are usually part of the internal processes of a company. To be able to manage all tasks in project execution, you need an organizational form that is particular to the project and which is shared by all sections involved. Before you can take a project in its entirety, the project goals must be specifically described and the project activities to be carried out must be structured. A clear, unambiguous project structure is the basis for successful project planning, monitoring, and control.

You structure your project per the accompanying perspectives:

            •         By structures, using a work breakdown structure (WBS)
            •         By process, using individual activities (work packages)

Project managers usually distinguish between two types of project:

            •         Externally financed projects
§  Customer projects
            •         Internally financed projects
            §  Overhead cost projects
            §  Capital investment projects

Integration


The high level of incorporation between the Project System (PS) and other R/3 application segments implies that you can plan, execute, and account for projects as a component of your normal commercial procedures. This implies the Project System has consistent access to information in every one of the divisions required in the project.

Features


The R/3 Project System ensures close and steady monitoring of all parts of your project. This incorporates both technical and commercial parts of the project.

Organizational Structure


Use


Each project begins with the definition and classification of the structures required for preparing and the consolidation of these into the existing enterprise structure.
The Project System has no authoritative structures of its own; you fuse it into the current structure by making assignments to the hierarchical units in Accounting and Logistics. It is this which empowers the Project System to present information plainly and in a many several ways.

Currencies in the Project System


Use


All the currency-dependent data in the Project System is managed in three different currencies in parallel:

•    Controlling area currency


The entire project (work breakdown structure, alongside the systems, activities, and orders allocated to it) must be in one controlling territory. Consequently, the controlling region currency within a project is constantly uniform.


•    Object currency


You can assign any object currency you wish to the following objects in the Project System:
o    Project definition (default value for matching WBS elements)
o    WBS element
o    Network header
o    Network activity

If you have selected a number of company codes to a controlling area and the company codes have distinct currencies, you cannot allocate the object currency. The system consequently utilizes the local currency of the separate organization code.

•    Transaction currency

Costs and incomes emerging from various business transactions in the project are recorded in the currency of the proper business transactions - for instance, the money in which the purchase order was entered.

Planning likewise assesses the business transaction currencies. For instance, for a remotely handled action, the system takes the currency from the obtaining data record. In the event that no money has been kept up in the purchasing info record, you can oversee it physically in the business transaction. The planning finance stream is constantly shown in the project by currency.
Each amount in the project is interpreted as applicable when you enter it and recorded in the database in all three currencies. You specify the currency translation rates in the Project System implementation guide.

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