Intercompany Project Time And Expenses

Best Practice Scenario: Intercompany Project Time And Expenses

The Demand Planning business scenario allows you to interactively create demand forecasts in rolling time periods (for example months) using different forecasting methods. You then release the demand forecasts to supply planning. You typically use demand planning to plan forecast demand in a midterm or long-term planning horizon for the Make-to-Stock and Procure-to-Pay (Stock) business scenarios.

Before starting a new periodic forecast for a demand plan that already exists, you must consider potential changes, such as new products, phased out products, and planning horizons. If necessary, you can set up a new demand plan.

Process Flow details Intercompany Project Time And Expenses

Details of Intercompany Project Time And Expenses

Roles

• Project Manager
• Operational Buyer
• Project Team Member
• Employee Line Member
• Accounts Payable
• Accounts Receivable
• Accountant=

Business Value of Intercompany Project Time And Expenses

For midsize companies who want to achieve control over their travel expenses, this scenario of Expense Reimbursement streamlines and automates the reimbursement cycle. You can reimburse your employees faster and monitor their business expenses and adherence to policies, while efficiently processing the expense reports.

SAP Business ByDesign helps efficiently manage expense and reimbursement: from expense report creation through to financial settlement.

[caption id="attachment_201674" align="aligncenter" width="1024"] The Business Flow of Intercompany Project Time And Expenses within SAP Business ByDesign[/caption]

Key Benefits of Intercompany Project Time And Expenses

• The Planning Project business process enables you to create, plan, and structure your project, as well as your project team setup and staffing;
• The Executing Project business process includes the project release with baseline creation, refinement of the project plan, team setup, and staffing;
• The Processing Purchase Orders business process enables you to work on automatically created purchase orders or manually create a purchase order with or without reference to a contract or a list price;
• The Creating Sales Orders business process enables you to create a sales order with fixed terms and price conditions when a customer orders products or services;
• The Creating Intercompany Project business process enables you to create a customer project in the selling company;
• The Recording Employee Times business process enables recording of your employees’ productive work and absence times directly on the project task of the buying company, which can be followed by optional approval processes;
• The integration with Human Resources, Employee Self Services, Manager Work Center, Payment Processing, and Projects streamlines the expense management;
• The Managing Expenses process variant enables expenses to be controlled and automatically reimbursed;
• The Confirming Goods and Services Receipts business process enables you to create goods and services receipts for non-stock materials and services and related expenses;
• The Creating Project Invoice Requests business process enables you to create a project invoice request for project-related time and expenses and to release the project invoice request to customer invoicing;
• In the Creating Customer Invoices business process, the system creates invoice requests automatically after the project invoice requests have been released;
• The Processing Receivables and Payments business process enables the processing of incoming payments, initiated either internally by your company or externally by your customers. The process uses country-specific payment methods;

Application

• SAP Business ByDesign

Continue to review the other Business Processes SAP Business ByDesign

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