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Need of settlement

Dear Sir,

We have not incorporated settlemt rule in our Projects.

My each project is identifiied by unique profit center. So I get all reportings through profit center report. So we only do TECO of project not CLSD status.

I want to know what exactly we achieve by doing settlement ?

I know that actual posting can be done after TECO status also. So apart from that what is need to do settlemt ?

Can't we keep status of project in TECO itself ?

Please reply

Keshav

Former Member

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