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Creation of Revenue Elements (11/12 Categories)

Dear Friends

We do not have Profitability Analysis activated.

We need to create certain Sales related GL accounts.

Do we need to create these GLs are 'revenue elements' in Controlling ?6

If we create them as revenue elements (11/12 categories), should we do automatic account assignment in OKB9 ?

Please guide me.

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2 Answers

  • Best Answer
    Posted on Sep 24, 2013 at 10:37 AM

    Hi Niki

    How would you like to report the profitability?

    Even without a cost element, you can take the P&L account into PCA.. So, decide on your profitability reporting need 1st and drive back from there

    If you are able to get the required reporting from PCA even without a cost element, then dont create it.. Else, do create it..

    br, Ajay M

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  • Posted on Sep 24, 2013 at 08:47 AM

    Dear Nikki

    Yes, you should create Revenue Cost elements under category 11 for Sales related Gls and Category 12 for Sales deduction related Gls (Which are used in Condition types in SD). There is no harm in it, rather it will be better looking at the future.

    If required you may do settings in OKB9 for automatic account assignment.

    Regards

    Rajneesh Saxena

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    • Dear Nikki

      As I said keeping in view the future requirement you may create them as Cost element. But remember that revenues can only be posted statistically to cost centers. If your revenue account is defined as cost element, then some assignment to cost object is required (it could be cost centre, I/O, WBS), but there should be also an assignment to true object, e.g. profit centre or' true' CO object (I/O, WBS)

      With OKB9 you can propose which cost center should be used by default when a particular GL account is posted. This is the functionality of OKB9 settings. Normally for internal posting by the system like for consumption etc, account assignments are defined here.

      Regards

      Rajneesh Saxena

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