Purchase Tax posting required on WBS

[Former Member]

Dear Experts,

Need your help urgently for this:

When doing invoice verification (MIRO)

Cost 440/- is posted to WBS - OK

Tax @ 8% is posted to Cost center mentioned in cost element of Tax G/L.

I have to mention Cost center in cost element, otherwise it gives error:

"Account 50100072 requires an assignment to a CO object"

I want all the cost to be posted to WBS, which is now getting posted to Cost center.

How can I do this?

Thanks in advance...

SSanjay

[Former Member · Accepted solution]

Hi Sanjay,

You can look at 2-3 things:

1. What is the account to which tax amount is being posted. If it is a BS acc then you will have to make a corresponding statistical cost element. when you post, a statistical cost will be posted to your wbs, this statistical cost will be checked against the budget but cannot be settled to AUC

• point 1 may not be relavant as u have already mentioned use of a cost center as a cost object hence the acc involved is a P&L acc, still writing it to record an idea.**

2. or Probably in the field status variant in FI, 'cost center' field has been made mandatory. If this is the case and not the first one then you'll have to input 'cost center' and you can enter 'WBSE' as an additional assignment. in this case also statistical cost will be posted to the WBS as the real cost is going to the cost center.

3. if case 2 is true then talk to your FI consultant if 'cost center' entry canbe made optional so that you can enter your WBSE as the primary cost object and real cost gets posted to your project.

Let me know if ur prob gets resolved, in case it doesn't then we'll scratch our brains a little more (-:

[Former Member · Accepted solution]

Dear Ravi,

Thanks for the help provided.

Purchase Tax G/L 50100072 is a P/L type & not BS.

I checked in field status of Account group (G001) of this G/L

in FI -> FI Global Settings -> Ledgers -> Fields -> Define Field Status Variants,

Field Cost Center & also WBSE are optional & not mandatary.

Still it gives message at invoice:

Account 50100072 requires an assignment to a CO object

Message no. KI235

Diagnosis

You have not defined a CO account assignment for an account that is relevant to cost accounting.

System Response

Account 50100072 is defined as a cost element.

This means that you must always specify a CO account assignment.

Procedure

Enter one of the following CO account assignments

Order

Cost center / cost center/ activity type

Sales order item (for a project or cost relevant)

Project / WBS element

Cost object (Process manufacturing)

Network/ Network activities

Business process

Profitability segment

Real estate object

The posting row affected is 0000000003, account 50100072.

Please help.