Deletion of cost from cost element

[Former Member]

Dear all,

This has to do with Project Sales. There is some cost in the form of WIP on a Cost Element. At the time of settlement, this cost will get settled on two other primary cost elements. It is required to get rid of this cost as it belongs to previous years and resulted because of some mess created in the system by the user.

Bottomline, this project has completed and needs to be closed but the system refers to this cost being present on a cost element. The client wants to dispose off this cost, anywhere, anyhow.

Could anyone please suggest me a way to do what the user wants.

GQ.

Edited by: Gouhr Qandhari on Mar 31, 2011 3:28 PM

[iklovski]

Hi,

You cannot 'delete' the cost. What you can do is to transfer to another cost element (G/L account) via financial transaction.

Regards,

Eli

[Former Member]

Eli,

Thanks for a prompt response. The aim is to get rid of this cost to which you suggested to transfer it. At the same time, it need not have an FI impact.

Is there a way?

GQ.