Default cost element in F-47

[Former Member]

Hello Gurus,

When I make the down payment request or down payment while system showing the below error message ,here my doubt is suppose if I want to give the default cost element which gl account shall use and how the data flow in to the system

Note : I am making the payment reference of purchase order , while system automatically take the investment order number also

Error message

Maintain default cost element in controlling area XXXX

Message no. FI660

Diagnosis

CO down payment update is active in controlling area xxxx. You must therefore maintain a default cost element and a default revenue element for down payments.

Procedure

Maintain the default cost elements for down payments for controlling area xxxx in the Project System implementation guide.

Thansk & Regards

Sri

[ajaycwa1981 · Accepted solution]

Hi

Maintain any cost element in OKEP against your Contr Area.. This is a mandatory requirement

br, Ajay M

[Former Member · Accepted solution]

Hi Ajay

Thanks lot Ajay.........

Here my doubt is i am doing the down payment so entry is

cash /bank Cr

Vendor a/c Dr

so how can i give the t cost element , suppose if i give any cost element (cost element caty 1 ), will it effect any where , becasue this is investment order related payment, end of the month i want to settle to AUC

Please Clarify.........

Thanks

Sri

[ajaycwa1981 · Accepted solution]

Hi

Thats a technical requirement... You need to maintain it as a ritual, even though you are not using PS module

br, Ajay M

[Former Member · Accepted solution]

Thansk Ajay..

I have assigned full point to you

[Former Member]

It is kind of urgent issue , can anyone help me

[Former Member]

Experts

Still i am waiting for your replys, give me some inputs

Thanks

sri