on 01-02-2009 5:17 AM
Hi Experts,
can anybody put some light on what happens in result analysis and what happens in settlement.
1-Means whether any FI posting happens in RA or not, if we define the posting rule.
2- Why do we do settlement after RA, what exactly happens aftr RA n after settlement.
Regards
Ashis
Results analysis allows you to do the following:
u2022 Calculate work in process in the form of capitalized costs or revenue in exceess of billings
u2022 Calculate the cost of sales that can be compared with the actual revenue for the sales order item. The calculated cost of sales is compared with the actual costs.
If the actual costs of the period are higher than the cost of sales, the system creates work in process in the amount of the difference.
u2022 Create reserves for unrealized costs in the amount of the difference between the actual costs and the calculated costs if the actual costs are less than the calculated costs
u2022 Create reserves for imminent loss if a loss is recognized based on the planning data
The data is updated on the order under secondary cost elements of cost element category "31" and can be displayed in the information system at any time.
If the order is settled at the end of the period, postings are generated in Financial Accounting on the basis of posting rules that you define in Customizing. If you are using Profit Center Accounting (CO-PCA) data are passed to CO-PCA on the basis of the postings in Financial Accounting.
In settlement the costs are transferred to the cost receivers as per requirement. These cost receivers can be cost centers, profitbility segements etc. Since project is temporary, the costs need to be transferred for proper closure of the project. Settlement rule need to be defined for carrying out the settlement.
Hope this clarifies.
Venu
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thanks dear.
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