PSO Business Model for Financial Transparency
- Related Topics:
- Keys to Success
The core business model of your ERP solution is the basis for ensuring a correct implementation. - Dimensions
The basic financial entry model and the organizational structure in the solution are defined by the use of entry dimensions. - Derived Dimensions (Automated Postings)
To ensure that every transaction is stamped with the right dimension data, the solution includes dimension derivation. - Reporting Structure Specific to Professional Services Organizations
To understand the structure of the PSO Solution and how to access data for different kinds of business reporting and control, you can view an organization from three perspectives. - Financial Model Overview
While the PSO solution combines the areas of organization, projects, and customers, it also provides a very detailed yet flexible financial model as illustrated in the following figure. - Prices
The following table describes the prices that can be used in the solution. - Revenue Recognition
The solution supports revenue recognition based on the production principle, and work in progress (WIP) is capitalized at sales price.
Parent Topic: PSO