Dear All,
We have budget control activated on cost centers via the use of PSM. We now want to use Project System module to execute a project for which cost will be charged onto a cost center. An option already investigated is that of using statistical WBS, which provides two advantages:
1) No hassle of periodic settlement to cost center as cost is updated simultaneously.
2) Budget control remains in-tact because any cost posted (statistically, i.e. type '11') on a wbs will be posted (actually, i.e. type '4') on the cost center for which budget would be checked.
My problem arises when we try to use networks. It is my understanding that network orders cannot be made statistical and therefore any cost posted to them (either direct journal entry or via PO, GR/IR) is done actually (i.e. type '4') and not statistically. No actual entry is posted on the cost center, and I have to manually run the settlement on the network. This settlement process than automatically posts the cost to wbs which eventually goes as actual cost to the cost center. However this case has two major problems:
1) Increased overhead of periodic settlement for the network
2) No budget control as cost posted on the network can exceed budget available on the cost center (the budget error would only arise when settling the network).
My prime objective is for the budget control to remain in-tact for which i need an option of automatic cost posting from the network to the cost center as soon as it is posted (something possible for statistical wbs).
Any help in this regards would be highly appreciated.
Regards,
Ammar Zaheer