Hi,
We are on ECC6- EHP4. My requirement is: We want to use WBS strucuture, but the amounts debited to this wbs needs to be settled to GL account - Loans and advances. Based on this I have created a separte settlement profiile and attached it to this project. Now in settlement rule I am getting GL account, but at the time of settlement I am getting folllowing error.
Define a settlement cost element for receiver type G/L
Message no. KD506
Diagnosis
In allocation structure Z1 (controlling area GVK), you did not define which cost element should be used when settling costs/revenues of the sender. Nor did you define receiver type G/L.
Procedure
Assign a different allocation structure to the settlement sender (-> Master data -> Settlement rule -> Goto -> Settlement parameters), or maintain allocation structure Z1.
Please advise
Shailesh