Project Cost

[tiwary_vinita10]

Hi SAP Experts,

How can I book cost on a project so that it reflects/gets added to a specific cost element.

Thanks!

Regards,

Vinita.

[Paulo_Vitoriano · Accepted solution]

Hi Vinita,

That is a strange question, because the cost on a project is always booked on a cost element, no matter how it is coming...

Easiest option is to book with FI document using FB50 for example, but you need to understand that there are certain cost element categories that cannot be booked with an FI posting as a leading document.

Regards,

Paulo

[tiwary_vinita10 · Accepted solution]

Thanks Paulo. I will check for the cost element categories.

[Ken_Melching]

Adding to what Paulo said, all native business transactions in SAP use account determination to post to specific cost elements. This should cover the vast majority of cost postings to a project.

The most direct way is to post a journal entry but that should be a rare occurrence since there is not an accompanying transaction or audit trrail.

[tiwary_vinita10]

Thanks Ken!