As per my business requirement,i have to perform Monthly planning against WBS Element.So,i selected CJR2 Cost Element planning.
Actually i dont require any cost element based planning,since i would like to do planning on Period basis,i chose Cost Element Planning.(CJR2)
SO i have created one Secondary Cost Element for Cost planning & One Secondary Cost Element for Revenue Planning & am posting plan values against that in CJR2.
I would like to know ,what am doing is correct or not?
Is there any impact on Finance / Accounts side,because of this Cost Elements?
Shall i use Secondary Cost Element for cost planning (for layout 1-701 & 1-703)?
Why should i go for Primary cost element for cost planning?
Kindly put some light s on this.
Thanks in Advance.