WBS settlement

[Former Member]

hi all,

what transaction are used to settle the project/WBS element ,If Teco date is earlier than Last Invoice posting date i.e. Physically TECO has done but still there are large amont of invoices which has to be posted later on,then how that invoiced cost will be settled to same Asset ,if Teco has done earlier.

case1)what to do for settlement if TECO date is earlier then last invoice posting date on same WBS in same Financial year?

case2)what to do for settlement if TECO date is earlier then last invoice posting date on same WBS for different financial year?

plz2 reply ASAP.

Thanx in advance.

[Former Member]

Hello,

You can either use CJ88 or CJ8G for individual and mass settlement respectivelly.

Ideally the system should not give any error whether the status of your WBS is TECOed or not while settlement, hence you can perform this when required.

Before you settle your actuals to final Asset, you have to first settle it to AUC and then from AUC to the final Asset. This is the standard process.

Regards,

Sumanth

[Former Member]

Use CJ88 to carry out settlement. TECO status allows actual posting. So , ideally it does not matter if TECO date is earlier or later.

case1)what to do for settlement if TECO date is earlier then last invoice posting date on same WBS in same Financial year?

case2)what to do for settlement if TECO date is earlier then last invoice posting date on same WBS for different financial year?

Do a test for the above scenarios in your test system and see the effects. That way you will get a better idea.