U can create Settlement rules from CJ02-->Give WBS Element --->double click on the WBS for which u want to create Settlement Rules ->u will get PopUp Screen ->down below u will get options for creation of Settlement rules. as per my knowledge, CJ02 is for planned Settlement Rules ?, whats ur requirement ? CJ80--->Settlement rules for Actuals.
- 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 settle WBS element costs to an AUC&then to?
Go to the WBS element Control data tab and enter the investment profile field. Then it will allow you to create an AUC. What is the correct procedure for settling the WBS element costs to an AuC & then to as asset? For settlement to AUC settlement rule is not required. Follow the steps:
How to run the settlement cycle in WBS?
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 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 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.
What is WBS settlement rule in SAP?
In new projects a settlement rule can be maintained at the Project Definition. This rule is then defaulted down to subordinate WBS elements when the settlement screen for these WBS elements is opened. This is useful but problematic as it still requires users to open the settlement rule screen for each WBS element.
How do I change the WBS settlement rule in SAP?
Post the final settlement from the AUC to the incorrect Asset (teco & run the settlement for that WBS). Then journal entry or assessment to move the cost from the incorrect asset to the correct company asset. Close the incorrect WBS(s) & create new WBS element(s) with the correct Company.
What is the Tcode for WBS settlement?
SAP Wbs Settlement Transaction Codes#TCODEDescription1CJ20NProject Builder2CJ88Settle Projects and Networks3WBS_SETMTwbs settlement4CJI3Project Actual Cost Line Items37 more rows
How do I set a default settlement rule in SAP?
The settlement receiver is the object type you stored as an account assignment default in the settlement profile. 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 I change Settlement Rules in 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 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 CJ88 used for in SAP?
The SAP TCode CJ88 is used for the task : Settle Projects and Networks. The TCode belongs to the KABR package.
What is CJ03 used for in SAP?
CJ03 is a transaction code in SAP PS application with the description — Display Work Breakdown Structure.
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.
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 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 I create a settlement profile in SAP?
You can maintain a settlement profile in system. Step 1 − Use the T-code: OKO7 or navigate to SPRO → IMG → Controlling → Internal Orders → Actual Postings → Settlement → Maintain settlement profiles. Step 2 − In the next window, select maintain settlement profiles and click Choose.
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 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 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 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.
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.
How is production cost booked?
In any production process cost is booked in cost objects via postings made in the financial accounting.
What is receiver object in settlement?
In settlement run receiver object is an asset. Make sure asset master data is present in the system.
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.
Is Capex a business case?
The business case behind this requirement is quite simple. Complex CAPEX projects can easily account for hundred s of Network Activities and manual maintenance of the settlement rule will be a very time consuming task. Not to mention the possibility for human error.
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:
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 the difference between PER and FUL?
The PER rules only include the costs from the settlement period during settlement, whereas the FUL rules also include the values from the previous period that have not yet been settled.
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 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 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.
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.
How many WBS elements are there in a project?
So for each expense head, there will be one top level WBS element. Again these WBS elements will be divided in twelve WBS elements. These twelve WBS elements represent twelve calendar months. Budget will be allocated to each WBS element & the WBS element will be released from the project.
How to create an AUC in WBS?
Go to the WBS element Control data tab and enter the investment profile field. Then it will allow you to create an AUC.
What happens when a maintenance order is released?
So when a maintenance order is released, system will do a budget check against the WBS element mentioned. If the budget check status is OK, order is released or else it will stopped from release. If the order is stopped from release, maintenance department will have to supplement the budget.
Is AUC settlement required?
For settlement to AUC settlement rule is not required. Follow the steps:
