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Former Member

Result Analysis Posting to FI incase of Projects.

Dear All,

What settings & steps need to be done to carry out postings for the result analysis data to FI in case of Projects.

Thanx in advance.

Regards,

Santosh

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Santosh Singh

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    author's profile photo Former Member
    Former Member
    Posted on Nov 27, 2007 at 04:31 AM

    Hi,

    There is no specific settings for RA for financial postings into FI as all the configuration in Result analysis node to be completed & also varies from scenario to scenario. From RA calculated revenue & cost will be obtained which will be posted into FI. The following settings need to be done.

    1. First we have to identify valuation method to be used for obtaining caculated cost / revenue such as cost based / POC method / revenue method etc.

    2. RA Key to be defined which will be assigned to Project.

    3. RA version

    4. Line ID's

    5. Assignments for RA : For accounting entry. Assignments of Cost elements

    6. Updates for RA:

    7. Posting Rule: Weather calculated amount will go to balance sheet or P&L account etc.

    In line with business process & requirements RA configuration need to be done.

    Hope this will help you.

    Regards,

    Rakesh Pradhan

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    • Former Member Former Member

      Hi,

      If there is no posting happening in FI then there could be some thing wrong in Cost element / G/L assignment as this will play major role in carrying cost / revenue from project to settlement receiver. Please cross-check your settlement configuration as this will carry calculated revenue / cost from project to FI. Please take the help of FI/CO consultant on this matter.

      After calculating revenue / cost through RA, the same will be settled to a receiver such as PSG / G/L etc. There is only one steps after RA i.e. project settlement

      If you want to post calculated revenue / cost into FI then calculated result after RA need to be settled to permanent cost object. However after RA, details can be obtained at project level.

      In order do settlement, you have to configure settlement profile of the project with allocation structure / PA transfer structure / source structre (if required) etc.

      The critical in settlement configuration is proper debit or and credit account should be defined properly to carry out calculated revenue / cost from project to permanent cost object.

      Hope this will help you.

      Regards,

      Rakesh Pradhan

  • author's profile photo Former Member
    Former Member
    Posted on Nov 27, 2007 at 02:51 AM

    Hi,

    I think it is too big a topic for short replies. Could be the reason why there has been no response.

    Muraleedharan.R

    091 9880028904

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