customer project settlement

[Former Member]

we find a problem in define settlement rule for revenue WBS element, normally it will go to CO-PA profit segment, now we don't use CO-PA, which settlement receiver I should put? if I use cost center, that means profit go to cost center, is it right?

can we settle to cost center 11020 and cost eleent 420000? or should I use two lines 50% go to cost center 11020, 50% go to cost element 420000?

[sanjeevc]

HI Robin,

Yest you can do as following:

When you put settlement receiver object - CC & GL A/C system will allow to do this but you need to help of CO consultant for distribution settlement amount for settlement Receiver objects.

I think it will hit in profit & Loss accounting. that is the reason for suggesting fi-co consultant.

Regards,

Sanjeev

[Former Member]

Hi Robin,

Yes, you can settle to cost center. You can also settle to a GL account. Talk to your FICO guys also to know the best viable option in your case.

As far as the distribution is concerned please consult yout FICO guys as well to get a proper understanding on how the distribution would affect the postings.

if I use cost center, that means profit go to cost center, is it right?

You would be able to see all the values against this receiver post settlement.

Regards,

Gokul