on 04-13-2008 3:09 AM
Hi,
I had encountered an error message when i run VF44 - Revenue recognition for project sales order.
This sale order line item is maintained with WBS element flagged as billing element.
However when i run VF44, it shows error that the WBS element is not account assignment element.
Can anyone please explain to me why a revenue posting requires to flag as account assignemnt element?
Thanks.
Hi,
Account assignment is an operative indicator fo WBSE. Account assignment object will make account entry to WBSE as WBSE is a cost object. For accounting posting, in WBSE account assignment indicator should be ticked as in revenue recognition process, revenue will be posted into WBSE assigned to sale Order.
Regards,
Rakesh Pradhan
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi,
i dont quite understand your answer.
Because revenue recognition posting on my side is for the retention sum.
Dr Retention (Customer)
Cr Revenue (WBS)
Why would a billing item required to tick account assginment element?
Since a billing element indicator should be sufficient for revenue posting.
Please elaborate if possible.
THanks.
User | Count |
---|---|
102 | |
12 | |
11 | |
6 | |
6 | |
4 | |
3 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.