To check the settlement rules defined for a WBS navigate as the below. Go to the tcode CJ03 -> Select WBS element -> click on settlement rules Here, you can see the settlement rules defined for this WBS.
- Click the Settlement Rule button in the menu.
- Click in the Cat (Category) field and choose WBS element in the Maintain Settlement Rule: Overview screen.
- Enter the relevant project WBS element in the Settlement Receiver field.
- Click Back to return to the Change WBS Element: Basic Data screen.
How to check the settlement rules defined for a WBS?
To check the settlement rules defined for a WBS navigate as the below. Go to the tcode CJ03 -> Select WBS element -> click on settlement rules Here, you can see the settlement rules defined for this WBS. If settlement rules are not defined, define the settlement rules as per the requirement. In settlement run, receiver object is an asset.
What is the difference between WBS and Co in SAP?
WBS is related to Project System (PS) and Internal Orders (IO) are related to Controlling (CO). To run the settlement cycle, there must be some cost in the WBS element. Now, we settle this cost to the assets as per the settlement rules defined in the WBS.
What is WBS and Io in SAP?
In SAP both WBS element and IO are cost objects. WBS is related to Project System (PS) and Internal Orders (IO) are related to Controlling (CO). To run the settlement cycle, there must be some cost in the WBS element. Now, we settle this cost to the assets as per the settlement rules defined in the WBS.
What is settlement cycle in SAP?
When production process is completed, settlement run is executed and cost is settled to assets. In SAP both WBS element and IO are cost objects. WBS is related to Project System (PS) and Internal Orders (IO) are related to Controlling (CO). To run the settlement cycle, there must be some cost in the WBS element.
How do I view a settlement rule in SAP?
go to T Code: CJ88, Enter the WBS element for which you want to see the Settlement rules. Then enter the period the fiscal year check the test run.. hit enter upon entring the description appears net to the WBS elemt you jsut enetered.. then click on goto >settlment rules -->itemization or the settlement rules...
What is WBS settlement rule in SAP?
Automatic settlement rule generation is a particularly good idea: In the case of direct settlement for each WBS element, to reduce maintenance work. In settlement to profitability segments, it reduces the likelihood of errors when characteristics to determine the segment are derived.
How do you create a settlement rule in WBS?
you can also create a settlement rule using T-code CJ88 and put the Project definition or WBS element, Period and posting date. AUC will automatically create against WBS. You can also create it manually by selecting the WBS element then Press CTRL+F3 by keyboard and put the requirement entry, your auc will create.
How do I change the settlement rule in SAP?
ProcedureChoose Settlement rule in the master data maintenance for the relevant sender object. ... You maintain settlement rules in Customizing under Controlling Internal Orders Actual Postings Settlement Maintain Settlement Profiles .Choose Edit New rule or enter the value directly.
How do you run a settlement in SAP?
ProcedureIn the commission system, choose Tools -> Periodic Processing -> Settlement.Enter the following data: Contract number : If you have not entered a contract, all contracts are settled. Settlement type : Choose a settlement type to which no reserve type is assigned. Key date for which the calculation is to run.
How do you maintain settlement rule in AuC in SAP?
Settlement rules can be maintained from AuC to Fixed Assets. To do so, in the Fixed Assets work center, Fixed Assets view, select the asset under construction, and click Settlement Rule, and then New Settlement Rule.
How do you settle WBS to AuC in SAP?
Following are the steps for Automatic creation of AUC.Asset Class (FI)Investment profile (FI)Assignment of Investment profile by PS team (PS)Creation of settlement Profile (FI)Assignment of Settlement Profile to company code (FI)Creation of Allocation structure.More items...•
How do you get an AuC settlement?
Automatic Settlement of Assets under ConstructionStep 1 : Scoping.Step 2 : Assign AuC.Note: Before you mark 4000 as AuC, make sure that you have not created any other Non-AuC assets / Fixed Asset.Note: This settlement rule button will be enabled only for AuC and not for other assets.More items...•
What is KO88 in SAP?
KO88 is a transaction to settle the Order (Production order, Internal order, QM order, PM order, etc). In case of Production order, if there is any balance lying in the order, it would be on account of WIP or variances.
How do I delete a settlement rule in SAP?
Once a settlement receiver has been used in a settlement SAPgui will not allow it to be deleted from the settlement rule. To make the change, put an end date on that settlement rule (To Period / To Fiscal Year fields) and create a second rule using the new receiver, including the From Period / From Fiscal Year fields.
How do I create asset settlement rule in SAP?
ProcedureChoose Settlement rule in the master data maintenance for the relevant sender object. The screen Maintain Settlement Rule: Overview screen appears. ... Choose Edit New Rule. or enter the value directly. ... Specify the settlement type for each distribution rule. Note.
How do you maintain settlement rules?
If a settlement rule does not yet exist for the order, you must first specify whether you want to maintain the settlement rule with or without the system proposal for the distribution rule. A screen appears where you can maintain the settlement rule.
How do you settle WBS to AUC in SAP?
Following are the steps for Automatic creation of AUC.Asset Class (FI)Investment profile (FI)Assignment of Investment profile by PS team (PS)Creation of settlement Profile (FI)Assignment of Settlement Profile to company code (FI)Creation of Allocation structure.More items...•
What is CJ88 used for in SAP?
CJ88 is a transaction code in SAP CO application with the description — Settle Projects and Networks.
What is CJIC in SAP?
CJIC (Display Project Settlement Line Item) is used to create line item settlement rules. In this transaction, user is able to create settlement rule per line item or by selecting all line item and create one settlement rule for all.
What is the tcode for WBS settlement?
Once you have checked all the configuration you need to run the settlement via tcode CJ88 for WBS settlement to assets.
How to see transactions performed via settlement run?
Go to asset explorer and enter the asset number maintained in the settlement rule. Here, you can see the transactions performed via settlement run.
How To Book Cost In The WBS Element?
In any production process cost is booked in cost objects via postings made in the financial accounting.
What is internal order and WBS?
Internal Order and WBS element collects the cost of a project in the beginning. Once the production is complete, cost is settled to AUC or fixed assets.
What is receiver object in settlement?
In settlement run receiver object is an asset. Make sure asset master data is present in the system.
How to analyze tables relevant to settlement?
The RKA_SETTLE_TABLES_COMPARE analysis report has especially been developed for settlement. This report displays tables relevant to settlement as well as additional functions. To analyze an object, you start it by entering its object number (OBJNR). This object number can be easily found by starting report RKACSHOW for the CO object. It is displayed in the header of RKACSHOW.
Where is the settlement rule saved?
The settlement rule is saved in the COBRA and COBRB tables. COBRA contains the settlement parameters and COBRB contains the settlement rule.
Why is the debit indicator always empty?
This means therefore, that the totals records are added up and the data records are deducted in the report, regardless of the debit indicator.
How to write flow trace in KO88?
You can activate this in the initial screen menu in KO88 by choosing "Extras -> Activate flow trace". Once you have called up the settlement, you can see the basic list of the log. This provides a very good picture of the technical progress of the settlement and of possible errors in settlement Customizing. The log explains comprehensively why the settlement settled which costs and where. It is recommended that you use this function. It often enables you to search for errors successfully without debugging.
What does a settlement document show?
The settlement documents show which settlement was made for which amount, from which credit record. There are two display options for the analysis:
How to find SAP notes?
You can find relevant SAP notes and KBAs (knowledge base articles) for order settlement by using the component CO-PC-OBJ or CO-OM-OPA-F and the search term "Settlement", or by using transactions (such as KO88 or CO88). If you received an error message or a program termination, then this should be specified in the search. We recommend to use the five digit error code (e.g. "KD256" or "KD 256") or the report name (e.g. RKO7CO88).
What is the display of settlement documents?
The display is based on the settlement documents. All the settlement documents that are in the system are displayed for the object, regardless of the period. The total of all the documents is also displayed. If settlement documents have already been archived, then these costs are not included. The system issues a warning if this is the case.
What is settlement rule?
The settlement rule contains the settlement parameters as well as the distribution rules. Distribution rules contain the settlement receivers, settlement shares and settlement type. They can contain a source assignment. 1.
How does SAP note 330001 work?
SAP note 330001 describes how amount settlement works, providing detailed examples. The main theory of amount settlement is that the amount to be settled (from the distribution rule) is proportionately deducted from incurred costs. The rest is distributed to the receivers of the percentage rules. The amount settlement does not take place if there are no costs that need to be settled. Please see useful information in SAP note 50249.
What is the difference between a 100% per and a 100% Ful rule?
This means that all costs from the settlement period are settled using the PER rule, and the activity information for these costs are transferred thus to the receiver cost center. On the other hand, the FUL rule ensures that any subsequent costs that were settled to the past are also settled.
What is hierarchy settlement?
This means that a sender (that is also a receiver during this settlement) is processed according to the object settled to it. This is controlled by the hierarchy number in the settlement parameters.
What is external settlement?
External means that the settlement not only occurs in CO, but also triggers postings in Financial Accounting. You specify whether a receiver category can be entered in a distribution rule or not in the settlement profile. 2. Distribution Rules using Percentages, Equivalence Numbers and Amounts.
What happens if you enter 0%?
If you enter 0%, you can, however, force a different settlement. The following are examples of automatically created distribution rules: Production order: Settlement rule to material or sales order. The rule is created at the same time as the order.
What are distribution rules?
Distribution Rules using Percentages, Equivalence Numbers and Amounts. Settlement is made depending on the settlement rule created. You can create distribution rules with either percentages, equivalence numbers or amounts.
What is the purpose of the settlement process for Network Activities?
The purpose of this document is to cover configuration steps required for automatic generation of settlement rules for Network Activities. The settlement process for Network Activities is a common requirement for CAPEX projects for example, because the AuC has direct link with the WBS-element, so eventually you need to gather all the cost at WBS-element level before the asset settlement.
How many configuration activities are there in customizing?
As you can see the customizing part is consisting of three configuration activities.
Can you run both settlements in CJ88?
When you will be running a settlement with CJ88 you can select the flags for hierarchy and orders to run both settlements in one go:
