GL Account/Costelement in PS

[Former Member]

Dear Experts,

Can any one explain

How the GL Account/Costelement will play major role in PS

Much Appreciated.

Regards

Chandra

[Former Member · Accepted solution]

Hi

PS module is integrated with other modules. Project accounting is taken care with the help of FI/CO

Please refer the link

http://help.sap.com/saphelp_47x200/helpdata/en/86/98853478616434e10000009b38f83b/frameset.htm

Regards

[Former Member]

Hi Chandra,

Yes it's very important to know costing part with PS which plays a major role.

There are two types of cost Direct Cost & Indirect cost.

Direct cost which can be posted directly via G/L & known as Primary cost Element.

Indirect Cost are captured from Activity, overhead, etc are known as Secondry cost Element.

Please refer the link below which will give you idea on how cost runs in PS & other Module, various cost methods etc.

[http://help.sap.com/saphelp_47x200/helpdata/en/e9/3cb2a4b05411d29f5e080009b0db33/frameset.htm]

Regards'

Syed

[Former Member]

Dear Experts,

Syed......Hemanth.

Thanx for replies....i have rewarded points.

Regards

Chandra