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Cost allocation using wbs as sender/receiver along with Joint venture recovery indicator?

Mar 06 at 02:39 PM

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Former Member

Hi All,

Client is Oil & Gas, requirement to distribute cost from WBS as sender and receiver for Opex/Capex items. Client also using Joint venture modules which means if we use CO allocation or JV allocation it will create CO+JV document, after allocation client will perform cutback process in JV. When allocation is done from WBS sender value to be zero and receiver to show all values. How this can be achieved using which method, module. FI New Gl allocation, CO allocation, JV allocation. Also to add client do not want to view report cost center wise, if it was the case we can use CO allocation. Instead they want profit center wise, which means even if you run CO/JV allocation only CO&JV documents are created and then they to transfered to FI using CO-FI reconciliation.

Confused to which allocation method to be used in such a scenario distribution, assessment, or periodic reposting. If we actiavte co-fi now in ecc 6.0 is there any implications on other modules.

Please share your thoughts.

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