Skip to Content
avatar image
Former Member

Effect of Primary or secondary cost Elements in Cost Planning (CJR2)

Hi All,

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.

Suresh

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

2 Answers

  • avatar image
    Former Member
    Jul 19, 2008 at 02:06 AM

    hi,

    i also use CJR2 because i am required to plan by period. i would prefer to plan without cost elements by perio but since it is required i just use a primary cost element suggested by our FICO consultant. Cost element is just used to record the type of cost that is planned for the WBS element but other than planning values, it has no adverse financial implications..

    regards.

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    May 22, 2009 at 06:43 AM

    nil

    Add comment
    10|10000 characters needed characters exceeded