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Former Member

REVENUE IN PS

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

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3 Answers

  • Best Answer
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    Former Member
    Aug 01, 2008 at 07:59 AM

    Hello,

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

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    Former Member
    Aug 01, 2008 at 07:09 AM

    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

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    Former Member
    Aug 01, 2008 at 01:31 PM

    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

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