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Former Member

Finance and costing configuration in PM area

Team

I am trying to understand and config FICO related config in PM area. PM has integration with FICO therefore there are some config to be done in PM area.

Can you advise what config is to be done in PM area from FICO perspective things such as settlement profile.

What are the prerequisite to do this config. Is there something to be done first in FICO before config could be done in PM area.

Appreciate your comments and and documents you meay refer.

Thanks

Gaurav

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3 Answers

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    Former Member
    Jul 15, 2010 at 05:49 AM

    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

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    Former Member
    Jul 15, 2010 at 07:05 PM

    Thanks Basu.

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

    Thanks

    Gaurav

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    • Former Member

      Hi,

      Follow the sequence as mentioned in my previous post. But first step should be to Define Currency for Maintenance Statistics under information systems and then go ahead with the sequence as stated.

      Regards,

      S.Basu

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    Former Member
    Jul 21, 2010 at 06:21 PM

    Thx

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