REVENUE IN PS

[Former Member]

Hi ps guies

Just a small issue

In ps report i m getting actual revenues with sign as -ve

And actual cost as +ve (means no sign)

is this right?

why revenues have -ve sign and cost as +ve sign

Just focus on this

waiting for reply

Have a good day

shashank

[Former Member · Accepted solution]

Hello,

Revenue in PS is a credit entry, hence negative in cost reports. The value with negative sign is correct.

[Former Member]

All costs posted to a WBS Element will Debit the WBS Element.

In any WBS element related report these entries will show with a sign.

Any revenue generated from the WBS will be a Credit on the WBS element. Hence in that same report the revenues will bear a negative sign.

Hope this explanation helps.

Regards,

Pradyumna

Edited by: Pradyumna Kulkarni on Aug 1, 2008 3:31 PM

[Former Member]

If you are viewing the report through transaction CJI3 then the + and - signs are justified logically.

so the point is i think,are you seeing the revenues in a cost report or a revenue report?

thanks and regards

shekhar