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Former Member
Jan 10, 2012 at 04:46 AM

Settlement of WBS to GL (Loans & Advances)

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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