How to post actual cost against WBS element?

[Former Member]

Hi,

I Have prepared a project with only WBS structure and planned cost using detailed cost planning. In detailed cost planning i have planned cost using cost element. Acoording to this cost element, the cost is getting reflected in planned cost.

Now i have released the project and want to see the actual cost.

How to do the confirmation and see the actual cost?

Thanks

[Former Member · Accepted solution]

Actual Cost updations taking place thru

MIGO,Service entry sheet,direct expense posting thru FB60,upon confirmation of Production order

Rgds

[Former Member · Accepted solution]

Hi,

Thanks all for the answers and the efforts.

I am planning the cost for the labour required to carry out the work for the WBS element by using the detailed cost planning (Done by using the cost element).

Now in this case there is no role of material or external services and hence i can not use the procurement cycle confirmation method.

The one which look relevant to me is manual posting by using FB50. But is it advisable to use manual posting. If yes from where to debit and from where to credit?

Thanks

[virendra_pal · Accepted solution]

debit WBS

credit G/L account

[Former Member]

u can post through cat2 if he is maintained as personel number in HR master record

Rgards,

Abraham

Edited by: abrahamshilesh team on Oct 7, 2008 3:06 PM

[Former Member]

U can book the actual cost from Procurement Cycle or by direct Invoice posting using FI transaction.

Procurement Cycle:

When you create PR or PO user Account Assignment Q or P and maintain WBS element. When u do GR or service entry actual cost is captured on the Project (WBS element).

Using FI Transaction:

When there is no PO and to book the cost u can use F-43 to post actual cost (via Invoice) and mention WBS element.

U can check the Actual Cost using Line item report CJI3 or S_ALR_87013532.

Venkat

[Former Member]

Hi Raghu,

You can get actual cost as per following ways.

1. PR--PO--GRN (WBS)

2. PR--PO--Service Entry Sheet.(WBS)

3. Direct post actual Posting thru' KB15N.(WBS)

4. Thru' confirmation of Activity.(Network)

Hope it will give you help.

Regards,

Vishal Kr. Sharma

[Former Member]

Hi,

To get actual cost .you have to make

PR>PO>GRN or service entry.

After doing GRN or service entry you will get actual cost.

to see actual cost pls see the report

S_ALR_87013533

Regards,

Vivek Tripathi