how to maintain settlement rule in sap

Maintain and run settlement rule

1. Create a customer project with "Fixed Price".
2. After maintaining the billing plan, set the status to "In Execution".
3. Create an internal project, at least one WBS and set the status to "In Execution".
4. Go to the WBS of internal project, "select maintain settlement rules"
5. In the "Set Settlement Rule: parameter", set "Parameter...

Full Answer

How does amount settlement work in SAP?

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.

How does the settlement rule work?

Based on this data, the system automatically creates the settlement rule that distributes the total order costs over the main product and the co-products (that is, over the individual order items). Are you creating the order with referance to materail or without materail.

What is the difference between Ful and per settlement type?

Settlement type FUL -> The system selects all rules with the FUL and PER settlement types. Settlement type PER -> The system selects all rules with the PER settlement type. The settlement share is set for the rule (percentage, equivalence number). The settlement rule belongs to the sender master data, where you can maintain it.

How do I assign a settlement type to a distribution rule?

You need to assign a settlement type (PER for periodic settlement and FUL for full settlement) to each distribution rule. When you manually create a settlement rule, the system defaults the settlement types depending on the receiver category. The default value cannot be entered without making modifications.

What is the settlement rule in SAP?

The settlement rule includes one or more distribution rules for the production order. The distribution rule consists of a cost receiver, a settlement share and a settlement type: The settlement receiver determines to which cost object the actual costs of the production order are to be settled.

How do you create a settlement rule in WBS in SAP?

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.

What is settlement rule in SAP PS?

Definition. Defines what proportion of the costs on a sender should be settled to which receiver(s). For this, one or more distribution rules are assigned to each settlement sender. Use.

How do you display 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...

How do you maintain WBS settlement rule?

Maintenance department will create maintenance orders as per their work requirements. These orders will be settled to cost centre, which is maintained in the settlement rule. Also WBS element will have to be mentioned in each order so that the budget control can take place.

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 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 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.

Where is SAP settlement profile?

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.

What is the document type used for project settlement posting?

As of now all project settlement entries show in FI with doc type 'SA' .

What is allocation structure in SAP PM?

The allocation structure determines what source cost elements are posted to what settlement cost centers. For example, you can group together material costs to see them separately from labor costs and service costs.

What is SAP allocation structure?

An allocation structure comprises one or several settlement assignments. An assignment shows which costs (origin: cost element groups from debit cost elements) are to be settled to which receiver type (for example, cost center, order, and so on).

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 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 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.

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 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.

Can you create a settlement rule manually?

Generated Settlement Rules. There are a lot of object types (including production orders and sales orders) where it is not feasible for the user to create a settlement rule manually. For this reason, the system generates the settlement rules automatically at certain times.

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:

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.