How can we receive the Payment?

[Former Member]

Hello,

How can we receive the payment with the help of profit center?

Is Sales & Distribution mandatory for the revenue posting?

Thanks

[former_member182098 · Accepted solution]

Hello,

It is not necessary that you should have SD module. But, in general when the revenue element is involved, SD comes into picture.

From SD, the entries will flow to FI, CO (including CCA/IO, PCA and PA)

You should have maintained revenue elements with cost element category 11 and 12

In Profitability Analysis, you must have assigned the condition types.

Regards,

Ravi

[Former Member · Accepted solution]

Hello,

I maintained the revenue element with cost element category 11 & 12.

When i post the revenue element, in PS this entry is coming with negative sign.

Thanks.

[former_member182098 · Accepted solution]

Hello,

In general, revenue entries are being initiated from SD module.

Are you booking some revenue on your project. If so, what is the transaction code you are using?

In SAP revenue is treated as credit and will be shown with minus.

When there is a billing,

Customer A/c Dr

To Sales Account

You will observe a credit sign against sales account.

Please clarify more.

Regards,

Ravi

[Former Member]

You can maintain the primary and secondary revenue and cost elements directly in Profit Center Accounting under the menu option Master data ® Revenue/cost elements.