Profit Center not updating for WBS Element

[Former Member]

Hello Gurus,

We have a scenario in which we have level 1 WBS element to which their is no cost and revenue. Now we have level 2 WBS element which is billing element to which we are posted some actula cost and revenue. Below this we are creating level 3 , 4 WBS elements and posting some actual cost to it (not billing elements).

So we are running RA and Settlement for this billing WBS.

Now if over project is over so we are assigning TECO to this Level 2 billing WBS. When we are running POC then it is 100 %. But when we are running settlement then it is showing error as Maintain Settlement Rule for XXX WBS element (level3 , level 4)

As we are not maintaining any settlement rule for level 3 , level 4. We are only assigning settlement rule for Level 2 (billing) to PSG.

So how to solve this issue ?

Regards

Keshav

[Former Member]

Hello ,

Can anybody please update the issue for settlement for non billing element ?

Regards

Keshav

[Former Member]

Hello Raghav,

You should not worry about error message- maintain the settlement rule of sender.

Settlement rule is created automatically as per config.

cost must be selected only once for capitalization.

So some WBS might have no settlement rule as this will lead to double capitalization of amount.

Regards,

Pranav

[Former Member]

Hello,

One more interesting thing I found is , collective settlement is running properly when projects are in REL stage. At this time CJ8G is running properly means not asking for maitaining settlement rule for for level 3 , 4.

But when I do TECO for any level 2 then indivisual settlement we can do but for collective settlement we came with an error as Maintain settlement rule (for level 3 ,4 etc. )

Pl guide how to solve this issue.

Regards

Keshav

[Former Member]

Hello Gopal,

Interesting thing is when we are running CJ88 (Indivisual) settlement , then settlement can be carried out without error.

But when we run CJ8G (collective) settlement , then settlement is throwing an error for maintaining the settlement rule for level 3,4 etc.

Isn't that strange ?

Regards

Keshav

[Former Member]

Hi,

The answer is there in your query itself. You say that you are booking some actual costs on the WBS elements on level 3. Since you are incurring costs on these WBS elements these costs need to be settled to some receiver. Either the WBS on level 2, which is a billing element or to some PSG. Since there is no settlement rule defined for these WBS elements at level 3 system is throwing this error.

Maintain a proper settlement rule for the WBS elements in question and then run the settlement. It should work.

Regards,

Gokul