Finance and costing configuration in PM area

Hi,

The following settings need to be maintained from Finance & costing perspective in PM area:

1)General Order Settlement>>>Maintain Settlement Profiles

2)General Order Settlement>>>Maintain Allocation Structures

3)Settings for Display of Costs>>Maintain Value Categories

4)Settings for Display of Costs>>>Assign Cost Elements to Value Categories

5)Settings for Display of Costs>>>Check Consistency of Value Category Assignment

6)Settings for Display of Costs>>>Define Default Values for Value Categories

7)Configure Order Types>>>Assign settlement profile & budget profile(already created in FICO) to the order types

8)Costing Data for Maintenance- and Service Orders>>>Maintain Costing Sheet,Maintain Costing Variants,Define Valuation Variants,Assign Costing Parameters and Results Analysis Keys

9)Information Systems for Plant Maintenance and Customer Service>>>Assign Value Categories to Maintenance Cost Key Figures

These are the basic settings required to be done in PM.Hope it is useful to you.

Regards,

S.Basu

Thanks Basu.

Can you also advise what is the sequesnce for this configuration, what should be done first and so on.

Thanks

Gaurav

Thx