Which YCOA Account to Select for Planned Cost in Project with Revenue (SAP S/4HANA Cloud Publ

[D266]

Hello SAP Community,

I am currently working in SAP S/4HANA Cloud Public Edition and creating a project with revenue. While uploading the planned cost via Excel, I'm unsure which YCOA (Chart of Accounts) account I should select for accurate cost allocation.

Here are some specifics about my situation:

• I’m importing the planned cost through the "Import Financial Plan Data" app.
• The main confusion is about selecting the correct G/L account that aligns with the YCOA chart.

Could anyone advise on:

1. Which criteria should I consider when choosing the correct YCOA account for planned costs?
2. Is there a recommended list of accounts typically used for revenue projects in this context?
3. How can I ensure the selected account aligns correctly with financial reporting and project cost tracking?

Any guidance or best practices would be greatly appreciated!

Thank you in advance for your support. 😊

[14seeryt]

Hello Customer We helped you to accept the answer, since there were no updates after 7 days. You can unaccept it anytime if you have further questions. Best Regards, Tim

[Ken_Melching · Accepted solution]

There is no standard or system requirements for which accounts you use for project accounting.  It all depends on the level of granularity needed.

Review with the finance and accounting department the chart of accounts and the use of the expense accounts they have defined.  This will tell you what accounts to use.

Also review the configuration to see what accounts will be used for the actual costs and revenues.  You can plan against those as well.  

The accounts you use should reflect the cost types in whatever planning tool you are using.