Scribd Logo
Upload

Welcome to Scribd!

  • 2K views

    CJ88 - Settlement in PS

    Uploaded by

    vaishaliak2008
    1. The document outlines the steps to settle costs from internal projects between different project elements like networks, WBS, assets under construction (AUC), and fixed assets. 2. It describes using transaction code CJ88 to settle costs from networks to WBS, from WBS to AUC, and provides steps to create settlement rules to capitalize the costs from AUC to multiple fixed assets. 3. Upon project completion, transaction CJ88 is used again to execute the full settlement from AUC to fixed assets based on the previously created settlement rules, capitalizing the total project costs.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    CJ88 - Settlement in PS

    Uploaded by

    vaishaliak2008
    2K views25 pages
    1. The document outlines the steps to settle costs from internal projects between different project elements like networks, WBS, assets under construction (AUC), and fixed assets. 2. It describes using transaction code CJ88 to settle costs from networks to WBS, from WBS to AUC, and provides steps to create settlement rules to capitalize the costs from AUC to multiple fixed assets. 3. Upon project completion, transaction CJ88 is used again to execute the full settlement from AUC to fixed assets based on the previously created settlement rules, capitalizing the total project costs.

    Original Description:

    CJ88

    Copyright

    © © All Rights Reserved

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1. The document outlines the steps to settle costs from internal projects between different project elements like networks, WBS, assets under construction (AUC), and fixed assets. 2. It describes using transaction code CJ88 to settle costs from networks to WBS, from WBS to AUC, and provides steps to create settlement rules to capitalize the costs from AUC to multiple fixed assets. 3. Upon project completion, transaction CJ88 is used again to execute the full settlement from AUC to fixed assets based on the previously created settlement rules, capitalizing the total project costs.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    2K views25 pages

    CJ88 - Settlement in PS

    Uploaded by

    vaishaliak2008
    1. The document outlines the steps to settle costs from internal projects between different project elements like networks, WBS, assets under construction (AUC), and fixed assets. 2. It describes using transaction code CJ88 to settle costs from networks to WBS, from WBS to AUC, and provides steps to create settlement rules to capitalize the costs from AUC to multiple fixed assets. 3. Upon project completion, transaction CJ88 is used again to execute the full settlement from AUC to fixed assets based on the previously created settlement rules, capitalizing the total project costs.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    You are on page 1of 25

    OVERVIEW

    The below mentioned scenarios will be covered in the following pages:

    1. Settlement of Internal Projects - Network to WBS


    2. Settlement of Internal Projects - WBS to AUC
    3. Settlement of Internal Projects - AUC to Fixed Assets
    4. Capitalization of Asset
    5. Display of Asset values

    Procedural Steps

    SETTLEMENT OF INTERNAL PROJECTS NETWORK TO WBS

    All the cost incurred in the projects are initially captured on the network elements and then passed on to
    the WBS elements.

    Via Menus Accounting Investment Management Investment projects


    Period End closing Settlement Individual Processing

    Via Transaction Code CJ88

    Input Required fields Value fields/Comments


    Network Enter the network number at which cost is booked.
    With Hierarchy Select this option
    Settlement Period Enter the settlement period
    Fiscal Year Enter the fiscal year.
    Posting Period Enter the posting period
    Test Run Check the box, when executing first time to check the errors if any.
    Detail List Check the box, to get the detailed list.
    Click on EXECUTE icon .
    Click on the icon

    Click on the green arrow to go back to the initial screen for actual execution.
    Click on the Execute icon without Test Run tick.
    The cost is now posted to WBS from Network.

    The amount posted to the WBS can be checked from the transaction CJI3

    Enter the WBS number


    Click on EXECUTE icon

    The amount will be credited to Network and the WBS receives the amount.

    END OF TRANSACTION.
    SETLLEMENT OF INTERNAL PROJECTS WBS TO AUC

    Via Menus Accounting Investment Management Investment projects


    Period End closing Settlement Individual Processing

    Via Transaction Code CJ88

    Input Required fields Value fields/Comments


    WBS Element Enter the WBS Element number at which cost is booked.
    With Hierarchy You use this indicator to stipulate that the sub tree under a WBS element is
    read and processed.
    With Orders If you set this indicator, the selection includes the orders and networks
    assigned to the WBS elements. If you also set the "Incl.hierarchy" indicator,
    the orders assigned to the sub tree under the WBS element are included too.
    Settlement Period Enter the settlement period
    Fiscal Year Enter the fiscal year.
    Posting Period Enter the posting period
    Test Run Check the box, when executing first time to check the errors if any.
    Detail List Check the box, to get the detailed list.
    Click on EXECUTE icon

    Click on the icon


    Click on the green arrow to go back to the initial screen for actual run.
    Click on the EXECUTE icon without Test run tick
    Click on the icon
    The asset will be settled from WBS to Assets Under construction attached with the WBS in project.

    Check the values of the asset under construction 410000082 using the Transaction code AW01N

    Enter the Company code and the Asset number.

    Press Enter or click on the icon


    The value transferred to AUC will be displayed.

    END OF TRANSACTION.
    SETLLEMENT OF INTERNAL PROJECT AUC TO FIXED ASSET

    At each month end the cost incurred in the project will be accumulated on the Assets under construction
    (AUC) using the transaction CJ88. And once the project is over all the cost from AUC will be
    settled/capitalized on the asset.

    Via Menus Accounting Investment Management Investment projects


    Period End closing Settlement Investment project line
    items.

    Via Transaction Code CJIC/CJ88

    Input Required fields Value fields/Comments


    WBS Element Enter the WBS number of the project .

    Click on the EXECUTE icon

    You will be prompted with the below screen:


    Select the line item for settlement

    Click on the Final Settlement icon

    The next screen will be as:


    Click on the icon to select the category.

    Double Click on Asset.


    Click on the icon to select the receiver (Fixed Asset number).

    Perquisite:
    Asset Master Data should have been created using transaction CJ20N before the execution of this
    step.

    Double click on Asset number to which the amount has to be settled.


    We can settle the amount of AUC to more than one asset, either based on percentage or amount.

    Click on the green arrow to go back.

    Click on the SAVE icon to save the settlement rule.


    Once the settlement rules are saved, actual settlement run should be executed for transferring of
    values from AUC to Fixed assets assigned in the rule.

    Via Menus Accounting Investment Management Investment projects


    Period End closing Settlement Individual Processing

    Via Transaction Code CJ88


    Input Required fields Value fields/Comments
    WBS Element Enter the WBS Element number at which cost is booked.
    With Hierarchy You use this indicator to stipulate that the sub tree under a WBS element is
    read and processed.
    With Orders If you set this indicator, the selection includes the orders and networks
    assigned to the WBS elements. If you also set the "Incl.hierarchy" indicator,
    the orders assigned to the sub tree under the WBS element are included too.
    Settlement Period Enter the settlement period
    Fiscal Year Enter the fiscal year.
    Posting Period Enter the posting period
    Asset Value Date Enter the date on which the fixed asset should be created.
    Processing Type Enter the processing type as FULL SETLLEMENT
    Test Run Check the box, when executing first time to check the errors if any.
    Detail List Check the box, to get the detailed list.

    Click on the EXECUTE icon


    Click on the icon

    Click on the green arrow to go back to the initial screen for actual run.
    Click on the EXECUTE icon
    Click on the icon .

    Amount of AUC settled to the fixed assets based on the settlement rule.
    In the transaction AW01N, the amount in the fixed asset 120000016 and 130000008 can be checked.
    Values displayed for both the assets.

    END OF TRANSACTION.

    You might also like