Post actual cost for RRB in COS

[Former Member]

We are using RRB RA key in conjunction with DIP profile. Our actual costs are posted on project and result analysis is classifying these actuals to COS.

However as per US GAAP, these costs should be classified as COS. Is there anyway we can manipulate RA key to classify these costs as COS instead of WIP.

Thanks,
Adi

[sanjeevc]

Try COS cost element instead of WIP cost element, and manuplated of RA key would be same you can change RA key description according to suitability so that it would be easy to understand for other users.

Regards,
Sanjeev

[Former Member]

Hi Sanjeev, thanks for the reply.

In OKG4, I had both cost elements in WIP and COS category.

In OKGC, I didn't specify any val method for my RRB RA key

In OKGA, I specified CE for both WIP and reserves.

Hence where can I replace WIP CE instead of COS CE?

Thanks,

Adi

[sanjeevc]

In OKG4, I had both cost elements in WIP and COS category.

don't put both cost elemet category put only COS cost element accounts.

In OKGC, I didn't specify any val method for my RRB RA key

here consider only TECO object with status (Cancel Data of WIP Calculation and Results Analyzer)

Hence where can I replace WIP CE instead of COS CE?

Because we are consider WIP as COS then why you need to specify WIP CE?

let me know if any concern?

Regards,

Sanjeev

[Former Member]

Hello,

In OKG4, for line item id EKH -costs, if I do not enter WIP CE system is giving error to enter cost celement in WIP. For any cost line item I do not enter WIP CE, system is asking for the WIP CE.

Thanks,

Adi