SAP C_TS412_2021 - SAP Certified Application Associate - SAP S/4HANA Project Systems

To avoid unnecessary stock cost, you can assign a sales order to a project with appropriate hierarchy levels. This means that you can create a project structure that matches the multilevel production environment with bill of material and routing. You can assign a sales order item to a WBS element that represents the finished product and assign production orders to WBS elements that represent the semi-finished products. This way, you can use project stock to manage the materials required for the project and avoid creating inventory for intermediate products. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html? &version=1909.002

Requirement class is an object that is relevant in assembly processing to create an assembly order for the SD document. Requirement class defines whether an assembly order is created automatically or manually for a sales order item, and whether it is relevant for availability check, costing, or settlement. Requirement class also controls the assignment of requirements type and account assignment category to the sales order item. Reference:https://help.sap.com/viewer/0c9a2f8f9c1b4a2e8b3f7d0c9b6e1d8a/2020.000/en-US/4c5f7a3e6b571014e10000000a174cb4.html

To carry out the internal project work as soon as possible, you have to maintain the control key of an activity in capacity requirements planning. Capacity requirements planning is a process that determines the capacity requirements and availability for work centers or resources that are used to execute project activities. The control key is a parameter that defines the basic properties of an activity, such as whether it is internally or externally processed, whether it requires confirmation or not, and whether it is relevant for scheduling or not. The control key also determines whether an activity is relevant for capacity requirements planning or not. To carry out the internal project work as soon as possible, you have to use a control key that activates capacity requirements planning for the internal activities. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

To assign a factory calendar, you can use the network header. The network header is a structural element of a network that contains general data and settings for a network, such as its order type, number range, scheduling parameters, and so on. The network header also contains the factory calendar field, which allows you to assign a factory calendar to a network. A factory calendar is a parameter that defines the working days and holidays for a plant or a location. A factory calendar is used to determine the dates and durations of activities and networks based on their workdays and non-workdays. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

One business process that is allowed for a WBS element with system status created (CRTD) is creation of purchase orders. The system status is a parameter that indicates which business transactions are allowed or not allowed for a project object, such as a WBS element or a network. The system status created (CRTD) means that a WBS element has been created but not yet released. A WBS element with system status created (CRTD) can be used for planning purposes only and cannot be used for execution purposes. However, one exception is that you can create purchase orders for external services or materials with reference to a WBS element with system status created (CRTD). This allows you to start procurement processes early in the project lifecycle. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

Billing plans are used for revenue planning in customer projects because they allow you to define billing dates and billing amounts for each project phase or milestone. Billing plans can also be used to create billing requests or invoices automatically based on the billing dates and amounts. Billing plans help you to plan and monitor the cash flow and profitability of your customer projects. Reference:https://help.sap.com/viewer/0c9a2f8f9c1b4a2e8b3f7d0c9b6e1d8a/2020.000/en-US/4c5f7a3e6b571014e10000000a174cb4.html

A hierarchical report on budget updates is a standard report that you can use to get an overview of the budget changes for your projects. This report displays the original budget, current budget, budget updates, and budget transfers for each WBS element in a hierarchical structure. You can also drill down to see the details of each budget update document. You can access this report by choosing Information System Reports Financials Costs Budget Hierarchical Report on Budget Updates . Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html? &version=1909.002

Dynamic item processor (DIP) is a tool that allows you to create sales order items automatically based on project data. Some of the features of DIP are: Sales prices are maintained in the DIP profile, which is a parameter that defines how sales order items are created and priced from project data. Sources can be based on line items, which means that you can use individual cost elements or revenue elements as sources for creating sales order items. Material determination is mandatory, which means that you have to assign a material number to each source in order to create sales order items. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

The benefit of assigning a field key to the project profile is that the field key is the default value for the WBS elements and the activities too. A field key is an object that defines which user fields are available and mandatory for a project object, such as a project definition, a WBS element, or an activity. A project profile is an object that contains various default values and control parameters for a project. By assigning a field key to a project profile, you can ensure that all WBS elements and activities created under that project profile have the same user fields settings. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/df72bb53707db44ce10000000a174cb4.html