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May 03, 2018 at 07:19 AM

Settlement to WIP G/L

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Hi Experts,

I want to know impact of settling my project cost onto a WIP G/L.

I have costs as well as revenues booked against my project WBS. In allocation structure I have maintained cost element group w.r.t. G/L though which cost and revenues are booked in project.

I want to settle it to a WIP G/L as we don't have COPA implemented here.

I want to know impact of it on Finance accounting if i execute this settlement.

Is it a right practice to settle it to a WIP G/L in absense of COPA?

Which one would you recomment in such a case?

Thanks & Regards

Saurabh