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Revenue posting in Cost centers

In cost center master, there is an option to allow the revenue postings in cost center. I dont understand the significance of this. Should this feature be used or not? Also what is the difference between statistical posting and real posting?

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Hi!

The tick for Actual Revenues and Plan revenues (Control tab of CC Master) have been given as you can post your revenues on that cost center statistically not on real time basis. The entry for revenue to any cost center will not hit in the books of accounts, you can analyse only for statistical (reporting) purpose.

Statistical Posting allows you only to see through reports. Also Statitical items can not be settled.

While Real time posting hits your books of account as well as reporting also. Also you can settle your real time items. (i.e. You can settle your Production Order or Internal Order which have made as per as Real postings.)

Hope it will clear. Pls get back for further query.

Thanks & Regards,

Taral Patel

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