Down Payment in PS

[Former Member]

Dear Experts,

I want to bring "Down Payment to Vendor" in PS Reports against some WBS Element. But it gives the below error message:

Maintain default cost element in controlling area KGCA

Message no. FI660

Diagnosis

CO down payment update is active in controlling area KGCA. 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 KGCA in the Project System implementation guide.

More information

But if I try to create Primary Cost Element it needs a GL. But I can not create any more GL. Please help me what to do??

Thanks,

Deb

[Former Member]

Hi,

Since its only for reporting purpose, I would suggest you to use any cost element wihch is already created in the system. For vendor down payment, you can use any cost element , may be the cost element which you are using for posting to consumption account. For Customer down payment you can use any Revenue cost element. In the report based on the value type you will be able to differenciate between the type of transaction.

Warm regards,

Srinivas Potluri

[former_member230675]

To pass the data into CO and PS you need a cost element.

Please maintain a Cost Element in OKEP (Cost Element Category 22, but double check with your CO consultant).

[Former Member]

Thanks for your reply!!!

I know I need to create a Default Cost Element and define in OKEP, but Cost Elements can not be created without a GL and I can not open any further GL.

Please advise.

Thanks,

Deb

[former_member230675]

It is possible to create CE without GL, based on the cost element category. As i suggested double check with your CO consultant, which category to be used.