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PS settlement strategy

former_member229531
Active Participant
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Hi All,

Can any one explain me step by step process PS settlement strategy configuration?

Thanks,

Anusha

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Former Member
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Hi,

Based on the Business process you will finalise on the settlement profile.The Settlement strategy in PS is used to automatically determine the settlement profile & RA key based on its operative indicators.

The operative indicators of the WBS elements are 1) Billing Element 2) Account assignmnet Element 3) Planning Element.

So in SPRO --> Project Systems --> Costs --> Automatic & Periodic Allocations --> Settlement --> Settlement rule for Work Break down structure --> Determine Strategy for Settlement rule.

Select the Settlement profile click on settings,select the operative indicator and mention the corresponding settlement profile againt it.

In the next step , assign the strategy to the Project profile.