on 06-29-2007 9:31 AM
Hi,
What is the role of FI-CO in Project System? Any information regarding this will be helpful to me.
Thaking You
Regards
Santosh Rothe
Hi Santosh,
For postings in external accounting that use a cost element as the account, you need to use a special account assignment logic. This enables the SAP R/3 System to ensure that data is reconcilable with all the relevant application components including PS module. These rules for the account assignment logic always apply for postings in internal accounting (Controlling).
Account assignment distinguishes between true and statistical Controlling objects.
True Controlling Objects are following.
Cost centers (for account assignment of costs)
Orders (true)
Projects (true)
Networks
Make-to-order sales orders
Cost objects
Profitability segments
Real estate objects
Business Processes
You can use true Controlling objects as senders or receivers during settlement process.
Statistical Controlling Objects
Cost centers (for account assignment of revenues)
Cost centers, if a true account assignment object already exists
Statistical internal orders
Statistical projects
Profit centers
You can indicate internal orders and projects in each master record as statistical.
You can also specify Statistical Controlling objects as account assignment objects in addition to true Controlling objects. You cannot allocate costs on statistical Controlling objects to other objects. Account assignments are for information purposes only. You can make statistical assignments to any number of Controlling objects.
Moreover WBS and projects which are masterdata in PS act as a cost object for integration of FICO and PS module.
Hope I had been able to help you. Please assign points and close the thread.
Rgds
Manish
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Hello Manish,
Thanks for your valuable advice.In our case from Plant A the material is supplied to Centeral Ware House then it is supplied to the four sub contractor & then it is consumed,so my query is how many G/L A/c's needed to be created?
I have created one Vendor A/c Group for Project Systems in that group created four Vendors is it enough or something more need to be done.
pls answer me .
Thanking You
Santosh Rothe
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