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