Skip to Content

Setllement nor happening dirctely to G/L A/C.

Hi Experts

When i try to do settlement to G\L account directly, it shows an error that "Settlement by cost element not possible due to secondary cost element"

In my project we some of the WBS need to be settled at a cost centre and some of the WBS need to be settled directly at G/L Account.

All the cost which needs to get settled against G/L account are not getting settled..

Any inputs will be highly appreciated

Thanks and Regards
Simon Walter

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

2 Answers

  • Best Answer
    Posted on Jun 06, 2012 at 02:57 PM

    Hi Simon,

    You can't settle secondary cost element costs(943******-labor and 941****** -over head) to GL,for this you have to use cost element category "22".

    Create a GL account and create cost element with category 22 and assign in allocation structure for secondary cost elements.

    • 22: External Settlement
    • Used to settle order costs, project costs, or cost object costs to objects outside of CO. These objects could be assets (Asset Management), materials (Materials Management), or general ledger accounts (Financial Accounting). The R/3 System creates an accounting document when the costs are settled.
    • Cost elements of this category cannot be used for settlement within CO (cost centers, orders, projects, and so on). Use secondary cost element category 21 for this purpose. The system does not create an accounting document when costs are settled within CO.

    Thanks,

    Rau

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 05, 2012 at 03:53 PM

    Hi Simon,

    Why some cost need to be settled at cost centre.

    Please specify the error u r getting while setting to GL.

    For WBS which need to be settled to GL- pls check is there settlement rule & AUC exist.

    There is provision of settlement in various way but before that be sure it will suffice ur need.

    Regards,

    Pranav

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.