on 04-02-2009 11:14 AM
Hi,
how to post actual revenue for the project?
Thanks!
As Ahmed said,
Link your project (WBS element which is marked as "Billing element") to the sales order.
Whenever FI receives payments against the Invoice raised (for ex: milestone billing) with the customer, revenues will reflect in your project.
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Hello Harsh,
If SD is not implemented in your project then also you can plan as well as you can post the actual revenue.
For plan revenue u can creat billiong plan for the WBS element in transaction CJ20N. For actual revenue you can create the invoice using transaction FB70.
While creating invoice using FB70 enter the WBs elements for against which invoice need to be generated.
When u will create the invoice actual revenues will appear on the project.
Regards,
Sudhir kesarkar
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Hi,
i got it via fb50 to post revenue under our given requirements.
Thanks Everybody!
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Hi,
we are having rnd projects, academic projects, customer projects, maintenance projects, other internal projects.
what i understand from discussion :
for customer and maintenance projects , we have to maintain sales order to show revenues.
rnd and internal projects will become asset to the organization.
now for academic projects (i.e. our org. is running some courses (6 months, 2yrs )), student fees is considered as revenue, how to show this revenue on wbs element?
Thanks!
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Hi,
i have used fb70 tcode and entered an invoice for the customer and revenue element abd wbs element.
is this work around right?
regards
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Harsh
This is FI posting and nothing is wrong in it. However it all depends on the business process and the modules you are implementing ?
As per your intial posts you are not using SD modules. So how are the revenues going to be captured out of SAP ? Is there any legacy system or how the sales order will be processed ? Since you are implementing FICO I guess you need to update you Revenue accounts. How are you doing that? It is not necessary that Revenues are always captured against WBS. For example in my present project we are not capturing revenues against WBS. Howvever the client is implementing full fledge SD functionality.
While invoicing the G/L account is determined, based on condition types mapped to different G/ls. So WBS is not coming in picture.
If you capture revenues in WBS, then it will follow settlement process.
Hope this helps
Sarang
Hi,
hmmm
is not there other way we can do posting of revenue/
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but we are not implementing sd module
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For Maintainance & customer projects, you must have sales order. Who is taking care of quotation, sales order etc in your project?
Otherwise, without sales order, how does your project generates revenue?
Rest of the projects what have mentioned, I believe come under Investment/ cost project (They'll become asset to your company, they do not generate revenue immediately/ may generate at a later stage/ may not generate at all).
For Maintainance & customer projects, you must have sales order. Who is taking care of quotation, sales order etc in your project?
Otherwise, without sales order, how does your project generates revenue?
Rest of the projects what have mentioned, I believe come under Investment/ cost project (They'll become asset to your company, they do not generate revenue immediately/ may generate at a later stage/ may not generate at all).
i have marked wbs element as billing element.
now by which t code fi will post revenue to this wbs element?
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Assign WBS to the sales order item in Account assignment tab...create billing document for the sale order item....actual revenue will be posted to the WBS whenever u create billing document.
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