1 Global Project with Many Company Codes

[Former Member]

Hi Everyone,

The situation that we are having is that our company wants the ability to collect expenses from 4 separate company codes (all within the same Controlling Area) within a project/wbs that relate to 1 global project and then have the sum of those costs capitalized as an AUC and then redistributed to the individual company codes based on a predefined percentages. Is there a way to do this?

One suggestion was to allow each site to create a unique project (for that company code only) with a unique applicant number that would be shared by all company codes. The wbs would not be coded as an AUC, rather just expense. At the end of each month, the expense would be reclassed back to the Balance Sheet. Once the project is complete and ready to be capitalized, intercompany the expenses back to Corporate and allow Corporate the ability to distribute the asset to the individual sites based on a percentage.

There must be a more logical flow than this and was hoping for some input.

Thanks,

Pete

[Former Member · Accepted solution]

Hi Pete,

I would have considered Creating one Project( the base Country) for the higher node and would have created one WBS for each Country( or Entity ) and attached the AUC and collected cost incured at country level at WBS element( here consider posting the inter company transaction to post cost to the WBS element for the respective Country) and settle the cost collected from the lower level WBS element to AUC.

Let me know if you have any queries.

Thx & Rgds N.Gowda

[Former Member · Accepted solution]

Hi Nityanand,

That's exactly the process that I created as well. Points applied for the assistance.

Thanks,

Pete

[Former Member · Accepted solution]

thx Pete, yu welcome always...