INTERNAL PROJECT

[Former Member]

Dear experts,

Can any one plz explain the INTERNAL PROJECT.

Plz give overview of the process.......up to settlement.

Whether Internal projects are Investment projects...(plz correct me if im wrong)

Regards

Chandra

[virendra_pal · Accepted solution]

internal projects are usually expense or cost projects

create project

release and capture costs via time confirmation or material consumption

settle to cost centres

very similar to internal orders in CO module but with the extended PS functionality

I would not call an internal project an investment project.

usual terminology for 3 basic project types

internal - expense - cost - maintenance project

external - customer - revenue porject

capital - investment project

[Former Member]

Internal project could be investment or expense or maintenance project. If it is expense project then cost is settled to Cost Center. Where as for investment projects cost is settled to AUC and subsequently to Fixed Asset.

Reset of the process would be same.

Venkat

[nitin_patoliya]

I feel Internal projects is not SAP standard terminology.

Normally interal projects are the projects internal to company, so it will come under expense projects.

say for ex. your organisation is the financial service provider company . Being a large entity, your organisation also have to does financial activity for meeting day to day statutory requirments. So, for the capturing that type of cost you create project in SAP . that would be purely internal projects. normally you will settle that project against cost center of perticular department.

Currently our client is having 2 -5% of projects are like this they called it internal projects.

Normally internal projects are expense project, Bsed on scenario sometimes it can be Investment project.

Regards

Nitin

[Former Member]

Dear Experts,

Virendra................Venkat......Nitin.

Thanx for your valuable replies.

I have rewarded points to all.

Regards

Chandra