Capitalized interest posting requires CO object

[Former Member]

Hi all, i am trying to execute a capitalized interest posting via CJZ2 to calculate interest postings for a capital project, but the system gives me a message that my cost element 840000 requires a CO object.

please advise which configuration step i am missing so the calculation takes the WBS as the cost object rather than assigning a default cost center in the cost element.

thanks very much

Brian

[virendra_pal]

is 840000 a secondary cost element?

I think you need to define a balance sheet account in the credit side posting

check G/L account assignment in interest configuration

[Former Member]

settings need to be done in OKB9 for this cost element as thats where the debt interest was posted.