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Maintaining Allocation Structure

former_member377202
Participant
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703

Hi Experts,

While Configuring the Maintain Allocation structure in SAP PM IMG.I want to know which type of Cost element to be used in "Settlement Cost Element".

Should be Primary or Secondary Cost Element.

Regards,

Kavvay

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hello,

I have got following help from IMG setings:

Internal Orders - > Actual Postings -> Settlement -> Maintain Settlement Cost Elements

Maintain Settlement Cost Elements

In this IMG activity, you can define

  • Primary cost elements for settlement to receivers in external accounting.
    • You can settle to receivers in external accounting in Asset Management, Inventory Management within Materials Management or in the G/L account in financial accounting.
    • Primary cost elements correspond to the G/L account in financial accounting.
    • If you wish to settle to cost elements, you do not require any primary cost elements for settlement.
  • Secondary cost elements for settlement to receivers in internal accounting.

From this, I assume that under normal PM scenario, it should be secondary cost element.

Still you can get in touch with your FICO consultant team and your FICO business / core team and decide on internal / external accounting and define a settlement cost element accordingly.

Hope this wil help you.

Thanks & Regards,

Mihir Popat

Answers (1)

Answers (1)

peter_atkin
Active Contributor
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This is usually configured by the FICO team.

I strongly recommned you talk to them first before making any changes.

PeteA