on 01-19-2016 1:56 PM
Dears, We have some issues with related to project settlement. We have created a main WBS with billing element and the settlement rule is generated at the main WBS. The costs are booked in sub WBS and activities, the sales order is assigned with the main WBS. While settling, the sub WBS cost is rolled up and posted in main WBS along with revenue in all reports including COPA. Currently our users have created settlement rule on sub WBS element and run settlement, the RA is also saved at the same level. While reconciling to close the year, we found that the projects which has settlement rule on sub WBS doesn't show up cost in any reports. Our requirement is to move cost from sub WBS to main WBS without reversing the settlement or by reversing settlements. I tried posting costs by debiting main WBS and crediting sub wbs by using a same GL, however the cost dosnt appear in result analysis. Could you please suggest if any suitable solution to rectify the issue. Thanks, Lokesh
If you are using Results Analysis the sub WBS elements should not have settlement rules. RA looks at all of the lower level PS objects and includes them in its calculations already. The Settlement Rule on the main (RA relevant) WBS take scare of settlement.
Settling WBS elements to higher level WBS elements within the same project is unnecessary and complicates things.
When you settle costs form a WBS the net effect is that the balance on the WBS is 0, so you need to take care during reporting to show where the costs actually occurred and not where they settled.
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Hi Ken, Thank you very much for the quick replay. The issue is because of maintaining settlement rule at sub WBS. yep the cost is completely settled and CJI3 report shows that its been settled. However when we run RA report (S_ALR_87013568 - Project Results) it dosnt showup the costs at sub WBS and also the case with COPA and GL wherein we are unable to reconcile the values. All that I want to know is that is there a way to move the costs from sub WBS to main so that we can reconcile..? Thanks, Lokesh
The Results Analysis calculations total up the Actual Costs to the WBS element with a RA Key. It does not break them down by WBS element or Network Activity, so you won't see it in RA Reporting.
You should not move the costs from sub WBS to the main WBS with settlement or manual postings. Results Analysis will add them up for you.
You can use Cost element reports to aggregate the costs in the Project Structure.
Make sure they have followed the following sequence to complete a project:
1. WBS system status set to TECO
2. Run RA, Save
3. Run Settlement.
4. Then check the reports.
CJI3 only shows CO documents, not RA results.
RA Results do not show settlements.
Check your configuration for RA with TECO status, it should be set to Final RA.
The Final RA run reverses everything RA has done to date and resets and adjustments it made between the B/S and P&L.
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