Project Cost Transfer

We have a project where we have the manufacturing cost incurred and sent to GL. Now the client wants this cost to be transferred to another project. What are the methods by which this can be achieved?
Regards,
Karthik

Hi
The inventory expenditures in Oracle Projects cannot be adjusted. Therefore you may either do the change in original module or use a workaround.
Assuming you are working with Project Manufacturing , you could transfer the items from the original project locator to the new project. Use Project-Transfer transaction type.
Alternatively enter a preapproved Miscellaneous expenditure item to debit the new project and a negative one to credit the original project. This method you can easily move the summarized amount of all cost between projects, however, there is no link to the original expenditures.
Dina

Similar Messages

  • BOS: Cost Transfer to the Project – Online Processing (T. Code: BOSPS01)

    Hi,
    BOS: Cost Transfer to the Project – Online Processing (T. Code: BOSPS01):
    I am trying to transfer the BOS costing items to Project WBS elements.  To change the BOS quantity, I could not view the ‘Item View for Quantity Transfer’ in the displayed screen (Pic 1).
    I checked the configuration settings under Project System --> Costs --> Planned Costs --> Easy Cost Planning and Execution Services --> Easy Cost Planning, but did not found the solution.
    The project profile is newly defined, but assigned the SAP standard Planning Profile (130001) to the Project Profile and the SAP steetings --> Costing Variant (PS06) is assigned to Planning Profile (130001).
    The displayed screen is as shown below:
    Please let me know how to get the ‘Item View for Quantity Transfer’.
    Best Regards,
    K. Rajendra Prasad Rao

    Hi Maria Miessen,
    Can you please provide the solution for the above issue / suggestion how to proceed further.
    Best Regards,
    K. Rajendra Prasad Rao

  • How to derive/generate Revenue only wth Project costing?Burdening possible?

    Hello Experts / Dina,
    I am doing a implementation to customer where only Project costing is in scope and customer wanted to derive / generate revenue for few of the revenue generated project using oracle project costing. Currently this customer is using legacy external application to enter manual journal for revenue.
    So can you please provide me workaround to achieve only revenue generation using oracle project costing?
    I have one workaround but wanted to validate from you all experts. Plz help me...
    1. Enabling budening on same expenditure item I can generate revenue using burden schedule and setup total burden cost db and cost cr account in auto accounting so that burdent Cost Crd account will be a reveue account and burden Cost dbt account will be UBR a/c. and then transfer the burden cost to GL as revenue vs UBR.
    This work around is thorotical and dont know what is implication of burden mulitpliers. If I used this workaorund then revenue (burden cost) amount is depend upon the expenditure orgnization multiplier and not on job based or employee based. How to solve this problem?
    I think there is possibility to drive the burden multiplier based on expenditure types..if taken that approch then end up in creating lot of expenditure type for each multiplier.
    So please help with workaround or someother method.
    Thanks

    Hi Dina,
    First of all many many thanks for posting your answer on this question.
    1. > I tried using total burden schedule approch to generate revenue but I think there is problem to restrict the accounting for the expenditur items which should not be burden ( need not to be generate revenue). As Total burdening approch creates burden accounting as raw cost though burden mulitplier is not specified ( system takes as value 0) :(
    2.> Then I tried a approch of using create & distribute burdening method ( burdening on separate expenditure item) - This works fine and generate burden accounting ( revenue a/c -& UBR). And provides a restriction of generating revenue on selected expenditure items based on burden schedule schedule (multiplier as 0 not specified). On Expenditre Inquiry also can reports a revenue after querying on Expenditure Type Class as "Burden Transactions". You can also reverse items and reverse costing / burdening ( reveneu ) with normal standard process.
    3.> If I wanted to use borrowed and Lent processing then I guess it will be easy. But only problem is I can't keep Project Org as Resource Org. Then there is pain in defining lot of resource organization and project organization ( I m not sure customer will agree :() . Also after referring the Project API guide I am still confuse about 2 diff extention doing same thing.
    a.> Transfer Price Determination Extension b.> Transfer Price Override Extension . Can you please explain what is difference between both of them and wat is purpose for both of them?
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    and I hope by using borrowed and lent processing I can do adjustments ( like reversing of revenue ) as standard way?
    Please guide.
    Thanks a ton !!!
    Cheers,
    :-)

  • Budget Updation (commitment,actual) after cost transfer

    Hi  Gurus
    we are going to start one project by next month.For that we are finalizing wbs element etc.this project will be in separate plant.
    but initial expenses like land acquisition,statutory expenses are already booked against cost center.now we want to transfer the cost in cost center in to wbs elements.I know this can be done via KB11N. But the problem is when i am transferring cost budget details in CJ31 are not updating.means there is no effect in budget (commitment,actual,assigned)
    My client wants to update commitment,actual in CJ30 after cost transfer from cost center to WBS
    Can anyone help me on this?
    Thanks in advance.
    Regards
    Haran.

    Hi Hari,
    The expenses transferred to WBSE will be in the form of actuals which can be seen in "Assigned" tab of txn. CJ30.
    As per my understanding costing is already carried out in your project & you have used it for budget generation & these actuals were not a part of earlier costing then you can manually update the project cost & copy it again as budget in CJ30.
    I hope it will help.

  • Project cost to Quotation

    Hi
    i am using dip profile to transfer  project cost to Quotation  in that i can able to transfer all the activity cost but i can't able to transfer  the general activity cost.Please give valuable input to me.
    regards
    Raj

    the general cost activity is planned against a cost element - this would be a default entry in your network profile.
    In the DIP profile you need to set up the characterisitic - cost element - like activity type (which is working for you)
    Then set up a DIEN material and use the cost element as a source
    This way your cost activity will be covered

  • Opening Balances for Project Costing in R12

    Hi All,
    What are the Open transactions should be migrated as Opening Balance in Project Costing (R12) for Projects and Tasks. Here at client place cost will come from Inv, PO, AP and OTL to Project costing (R12). Can you please explain in detail (Opening Balances & Historical Cost - How to Migrate)?
    Waiting for replies...

    Hi
    Usually on implementation of Projects, people are migrating total historical costs per project.
    Depend on your current system, you may convert the historical data summarized by project, task, expenditure organization and expenditure type. There is an option to summarize costs into the latest period, just before starting the future transactions import into Projects. Otherwise, consider summarizing cost data per period, per quarter or per year.
    The summarized data may be loaded as miscellaneous expenditures into Projects.
    Be aware that for converted expenditures you should setup a Transaction Source which is costed and accounted.
    Dina

  • Settlement of Project Cost and revenue to GL

    I am trying to Settle the project Cost and Revenue to GL account. For the same I have defined settlement profile maintaining GL as optional receiver and then I have maintained Source structure for cost and revenue as to separate them at the time of defining settlement rule, defined Allocation structure where in receiver against source, I have assigned GL as by cost element receiver. After that I have maintained settlement rule for WBS element, but when I am running a settlement is done to either of the GL for cost or Revenue which ever is defined first in settlement rule. It is not creating any settlement for second line item of the settlement rule and system is not giving any error message as well.
    Where as if I am trying individually only for cost or revenue , settlement is completed with all the values but with any accounting document generated, but if I see the entries to that GL, a settlement entry is created for that transaction.
    Can anyone please help in solving this issue ASAP.
    Thanks and Regards

    Hi,
        If it is posting to the first line means....
    Follow the steps below:
    First try to create a project and post the actuals and revenues.
    Go to cost element report pick up those cost elements both for costs and revenues.
    Go to Soruce Structure in the config, define the structure with name for Ex: 'Z1' and define two assignments, one is Costs and other Revenue, by selecting the costs go to Source mention the cost element where the actual costs are posted on (Mention only that cost element no other cost elements), next select the Revenue assignment and click on Source and mention the only cost element where the revenue wsa posted (Mention only that revenue cost element no other cost elements) and save the transaction.
    Come back to project builder, select the wbs and click on settlement rule, in the menu goto-->settlement parameters and check whether the source and settlement profiles are correct or not, incase source structure is not available mention the same.
    come back to settlement Rule overview and fill the fields as mentioned below:
    1st line:   Category: GL
                  GL Account: GL Account Number
                  Source Structure: COSTS
    2nd Line: Category: GL
                  GL Account: GL Account Number (Revenue Account)
                  Source Structure: REVENUE.
    Now Run the Settlement for the specific period costs posted, the costs will be posted seperately to the two different GL Accounts.
    I think this will resolve your problem.
    Rgds
    Sudhir Reddy

  • Project cost plan Header Data table ( PS module - T.code CJR2)

    Hi,
    I am working on PS module where we have to build a integration between PS Cost plan (At WBS Element level) to SD Quotation. I have to use transaction CJR2 for this. we will add the custom field 'Indicator' on the initial screen of transaction CJR2 for this. I want to know what is the HEADER DATA table for Project Cost Plan, so i can add this custom field in that table and letter on use in CJR2.
    If someone have done any kind of modification for work on CJR2 transaction, please provide me some information on this since i am first time working on PS module. I need some information on modifying the initial screen on transaction CJR2.
    Any inputs will be appreciated.
    Thanks,

    Hi,
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    regards Andreas

  • A Standard RRB report that shows actual project cost line items .... ?

    A Standard RRB report that shows actual project cost line items but that also shows amount/qty by rejected, billed, to be billed, postponed?
    I'm looking for something that will allow project managers to reconciile with the RRB totals and be able to dril in a see a level detail not available in RRB to decide what should be billed, what should should be deferred (postponed) and what should be rejected out of hand.
    Thanks.

    Thanks Virendra Pal but the VAx5 reports are not really the answer - maybe a custom report will be required right enough.

  • Creating Master Project - Child Projects Hierarchy in Project Costing

    Hello,
    Is it possible to create a Master Project (for example, for a division) and one or many Child projects for that divisions as the projects get rolled out?
    A division is given a budget which can be assigned to the Master Project and as the divisional Projects are rolled out with a specific budgeted $s, the Master Budget would be reduced with a new version, so the total budget amount at Master Project Level remains the same.
    Just like each sub-task roll up to a Top task and top-task make up the total Project, is it possible to create hierarchical Master-child project relationship with up roll up capability.
    Thanks for sharing your thoughts. Note: The client @ 11.5.10 does not have License to use Project Contracts, and uses only the Project Costing module.
    Regards.

    Hey, those ain't "newbie" questions. The first one gets posted to the Forum Comments forum weekly. The second one, well I should have posted my normal detail, but got lazy - mea culpa, mea culpa.
    1.) This ARTICLE should step you through the processes with the e-mails. If you have any questions, let us know. There are several places, where e-mail notification can be turned ON and OFF. Some are global, and some are specific to threads.*
    2.) Ah, the ImgBurn site. The top 2/3 are all ads. Hey, it's great free software, so who can blame 'em? Scroll down to where the page has the various versions and what they addressed. There is a Download button there (well below those ads). That is what you want. Normally, I mention the scrolling way down page, but you caught me here.
    Good luck,
    Hunt
    * Going back a few months, while trying to help another user on the Forum Comments forum, I got hit with a global change in my e-mail settings. I got about 1,000/day, for every forum that I participate in - think 1,000 x PS, PrPRo, Encore, InDesign, Illustrator, Audition, PrE and all of their sub-fora! Fortunately, it only took about 3 days for Adobe to get that fixed.

  • What kind of component to use as CI if I want to add a project costing rec

    Seems like the Project_Express and Intfc_Proj_Express components do not allow, by default, for a creation of new records. When I tried to enable the creation by allowing for Adds in the component properties, and then create CIs from these components, it still will not allow me to create a record (the create in the CI tester is disabled). Any ideas on how to create a project costing transaction record via a CI?

    Allright I found an answer myself. What we call Cinch-cabel in German is a common phono-cable in English...
    so in order to extend the speakercables just use male to female phono-cable!
    my bad guys!

  • Allowed GR reversal affecting the project costs

    Hi,
    We have just performed our month-end settlement but when we are tallying our project costs and project costs clearing accounts, we have noted discrepancies. The discrepancies were from the reversals of GR for projects costs that were already settled. Is this really the standard of the system? To allow reversal of GR even if project costs were already settled to AUC?

    Hi,
    Suppose take a material A for which in month Jan you created a requirement PR-PO for the same, after that you did GR for the same in same month of Jan. Then you perform period end process for Jan., so your jan month will have actual of that material with respect to that CO object which will have actual posting in GL for that month. Now, in Feb general procees after period end process of jan, you reverse the GR with respect the present period that Feb. and and now you compare the value of settlement and present Account's value which would not match, so it will match once you settle this present updates with respet that material for the same CO object, then it will match with account's values
    Best Regards
    Vicky

  • How to find the difference between Project costs & Cost center costs?

    Hi all,
    Can you please explain me ? What is project Cost & Cost center cost and which are the tables having those fields of project cost & cost center Costs? And how to find the difference between their costs ? And please give me the functional Idea about it?
    Thanking you all in Advance...
    Regards,
    Chandru

    Hi,
    goto table COSP:
    1) object-no. beginning with 'KS' refer to cost-centre
       example: 'KSKOKA4711'
       with KS, KOKA = controlling area and 4711 = cost centre
    2) OBJNR beginning with 'PR' refer to projects / WBS-element
       example PR00001234
    Message was edited by: Andreas Mann

  • How to settle project costs to AUC

    Dear Experts,
    Please teach us how to settle project costs to AUC.
    Your response is very much appreciated.

    Refer below link
    http://help.sap.com/saphelp_erp60_sp/helpdata/en/2a/f9f56e493111d182b70000e829fbfe/frameset.htm
    Venkat

  • Bapi for Open Projects Cost in PS

    HI,
    I need a bapi or funcation module for Open Projects Cost in PS .
    thanks.

    Hi,
    Refer this :
    http://www.sapbapi.com/bapi-list/

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