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Procurement for Projects

Former Member
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Dear all

Could explain how the material procurement for projects happen? What's the difference between this and normal procurement?

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Answers (4)

Answers (4)

Former Member
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Former Member
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Hi,

PO Account assignment P

P- Project, results in a consumption posting. Stock is taken in to the books & transferred of to the Consumption account.

The corresponding WBS element and the G/L account has also to be entered at the item level.

Vivek

Former Member
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Hi,

This comes under project system module.

There is not much difference except for account assignment and a budget allocated to that wbs element.

Here everything works with WBS element of that project defined of SD and FI consultant.

regards

suresh

Former Member
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HI

Its the same Only u wil have to use the Item category' P' for projects.which impies that the procurement is done against the said Projects.

Also this can be mapped with PS module where a central Project will be created. The project will be broken down in to no of Work break dowmn structures which will be assigned a cost element.

The total expenditure on each WBS will be determined using the WBS element.

The Item category of P as Account assignment category of P have to be used for the PO's. The corresponding WBS element and the G/L account has also to be entered at the item level.

Hope this helps.

Regards,

Prasanna

Award pls if helpful