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Project wise cost center

Former Member
0 Kudos

Hello,

Can we consider each project as a cost center in an organization?

Thanks

Accepted Solutions (1)

Accepted Solutions (1)

former_member182098
Active Contributor
0 Kudos

Hello,

You do not link Project/WBS element and Cost center.

A WBS element will be assigned to the profit center.

WBS element is a real CO object where as Profit Center is a Statiscal Object. All the posting you make to the WBS element, paralelly statistical posting will be flown to your profit center.

When you two real objects like cost center and WBS element at the time of posting a journal voucher, the WBS element prevails as a real object and the two statistcal postings will be posted. One to cost center and the second one to the profit center assigned in the WBS element.

Hope you are clear now.

Regards,

Ravi

Answers (3)

Answers (3)

daniel_carvalho
Active Contributor
0 Kudos

Hi Pari,

Why do you want to consider a project as a cost center?

If you have the requirement to see them as a hierarchy, you can use the standard hierarchy and create all the sub-hierarchies through KSH1 transaction. Almost all of the reports in CO module that relates to cost centers contain the group functionality, where you can filter data either by specific information (cost centers) or by a specific group.

Hope it clarifies your doubt!

Cheers,

Daniel.

iklovski
Active Contributor
0 Kudos

Hi,

It's more common to create internal orders or WBS for this purpose.

Regards,

Eli

former_member203108
Active Contributor
0 Kudos

Why do u want to treat project as a cost center??