Skip to Content
author's profile photo
Former Member

New GL - Assessment and distribution cycles in New GL

Hi

Any one has done Assessment and distribution cycles in New GL and how it works.

How do u define assessment account. is it similar to assessment cost element u define Co module or something different. If it is something different how different it is.

Appreciate ur answer on this.

Regards

Add comment
10|10000 characters needed characters exceeded

  • Follow
  • Get RSS Feed

1 Answer

  • Best Answer
    author's profile photo
    Former Member
    Posted on Sep 28, 2007 at 01:48 AM

    New GL assessment and distribution also works in the same way as CO cycles.

    However u have apart from accounts other senders like FA, BA, PC as the sender receiver objects. Otherwise the parameters are same. U dont have CC as the sender or receiver object since the cycles are run from the GL side.

    Further the assessment account is just like another GL account and it has nothing to do assessment cost element (40).

    Distribution cycles work in the same way as CO distribution cycle in the sense that the GL accounts remains the same. Where as in the case of assessment Gl account they are summarized posting.

    Pl let me know if u have more Qs.

    Add comment
    10|10000 characters needed characters exceeded