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Settlement

Former Member
0 Kudos

Hi,

Can you please guide me about the settlement process and how to settle customer projects,investemt projects,PM Projects and other types of projects.

Thanks

Muzamil

Accepted Solutions (0)

Answers (5)

Answers (5)

Former Member
0 Kudos

Hi,

Cost and revenue collected on WBSE is allocated to reciever as defined in settlement rule.For this settlement profile is required. In settlement profile, settlement parameters are defined depending upon Project type.Eg. For customer project PA transfer structure, allocation structure should be assigned and reciever may be G/L account, Profit segment. For Investment project reciever may be Asset.

Thanks,

Sudhir

Former Member
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Hi Muzamil......

You can also go through this link for your further calrifications.

http://help.sap.com/erp2005_ehp_02/helpdata/en/b1/c04e17439a11d189410000e829fbbd/frameset.htm

Regards,

Former Member
0 Kudos

Hi Muzamil.....

Settlement is nothing but transfer the cost from one cost center to another cost center or in finance term you can say as Crediting your Account & Debiting Customer or Vendor Account.

For Settlement of an order, you have to define the <b>Settlement Profile</b> in Customizing. Normally it is done by FI person but it is available in customizing settings of every module. Settlement Profile is nothing but defining how the cost is to be settled, who will be the default cost receiver, what kind of settlement it will be like %age, 3/4th etc. who will be the valid Cost Receivers.

In settlement profile you have to assign the <b>Allocation Structure</b>.

Allocation Structure defines to which GL & Cost elements the cost has to be settled. It is also done by FI cons in Customizing.

In PM, settlement is done through T code 'KO88', but i cant say abt other modules....

Hope this will help you....

Regards,

Former Member
0 Kudos

Hi,

U can do settlement through various customising settings, U need to create a settlement profile, create allocation strucutre and Source structure. In case of customer projects, reciever can be Cost center, profitablity segments, for settling to COPA, u need to create PA- transfer structure. In case of investment project reciever can be AUC or fixed asset.

Hope this will help u.

Thanks

Anjali

Former Member
0 Kudos

Hi Muzamil

The settlement of project depends on many factors like which are all the senders and whcih are all the recievers and type of settlement(periodic, full etc), wether settlement is based on amount, percentage etc.

Go thru the following link which provides u the details about the project settlement.

http://help.sap.com/erp2005_ehp_02/helpdata/en/86/98853478616434e10000009b38f83b/frameset.htm

Reward points if useful

Regards

Murali