What are settlement rules?
Answers were Sorted based on User's Feedback
Answer / nicola k
In SAP most cost objects - other than cost centers - must be
"settled" at period end. By means of the settlement the
costs incurred for the cost object (project, internal order,
...) are debited to other cost objects and/or G/L accounts.
The settlement rule, a table maintained in the cost object
master data, describes to SAP how the costs will be settled:
receivers, percentages, full/partial, etc..
Cost are settled when the user starts the settlement
procedure at period end.
Is This Answer Correct ? | 54 Yes | 5 No |
Answer / satish
Settlement rules are nothing but settling the account for a
cost center.Which WBS are account assigned the cost of
corresponding WBS should be settled to the respective cost
center assigned for that WBS.Settlement rule is assigned in
settlement profile in which you will define (like assect)
the rules of settlement.
Is This Answer Correct ? | 26 Yes | 14 No |
you want to set field status of wbs as mandatory. How would you do it?
What is Project Management?
5 Answers A1 Technology, Aktiv, T systems,
For raising client billing, is there any possibility of linking line items in sd module with activities / wbs in ps module?
Define project definition?
What is relationship?
What is effort variance?
What are the important aspects of a hr plan for the project team?
Forming a team, developing the team and improving knowledge are direct responsibilities of the project manager, do you agree?
Is there any way by which we can stop the network from attaching further materials after it is released?
How to set field status of wbs as mandatory, (wbs element, ntw)?
What are organizational influences?
Explain the organizational structure of sap-ps module. List the parameters of project system.