WBS project currency

We have controlling area currency USD, company code currency USD. Is any way to follow WBS project budget in other currency?
Thank's
Edward

Hi Edward,
I have done it several times and it works. Check the following:
- If you want to plan on the basis of object currency, make sure you have selected the object currency in the budget profile.
- Make sure that you assign the correct budget profile in the project master
- In basic data tab of the project master, you assign the Project currency. Check the currency.
- Now when you plan in tcode CJ30 you will find the currecy mentioned in the project master.

Similar Messages

Project Currency - How to change

Hi all,
In the project profile , we have maintained a project currency, which gets defaulted in the project, once the project is created.
All WBS elements created also get the same project currecy and the field gets greyed. I am unable to change the currecy here.
I tried to remove any default currecy from the project profile, but the systems does't allow it and the currency gets defaulted from the company code.
How can I change the WBS currency during the project currecy?
Request feedback on the same.
Warm regards,
Srinivas Potluri

Hi,
1.0 The system defaults the currency from the project definition as the object currency for each newly created WBS element.
You can change the object currency for a WBS element in the organizational data for the WBS element, provided no costs or payments have been posted yet in the WBS element.
2.0 If you have assigned a number of company codes to a controlling area and the company codes have different currencies, you cannot allocate the object currency. The system automatically uses the local currency of the respective company code.
Regards,
Amit More

S_ALR_87013532 report -plan cost not rolling upto the WBS/Project level

Dear All,
Plan cost from production orders is not rolling up to the WBS/Project level in S_ALR_87013532 ( Plan/Actual Variance report).
Where as plan cost from network is properly rolling up to the WBS/Project level in the above report.
Please suggest what could be the reason for this issue. Is any configuration needs to be done for this.
Thanks & Regards,
Vishal

Dear sir,
Thanks for the reply & sorry for late response from my side.
OPSV settings are already maintained in our system.
Some how i realized later that cost are actaully getting rolled to the WBS level, but we have observed one more discrepancy.
Example -
Production order "X" value - 100 ( as seen through co03)
Production order "X"value- 40 ( as seen through report s_alr_87013532).
We found that in report s_alr_87013532 , although my total producton order value of 100 is represented at the WBS /Project level, but at the production order level , it is showing value of 40.
On further analysis we found that for production order X
Materail cost- 60
Labour cost-40
The material cost of 60 is not getting fetched against production order "X" in report " S_ALR_87013532".
There are very few cases , where such discrepancy is seen.
Kindly suggest.
Regards,
Vishal

Material cost by period for WBS/ Project

Hi, I am working on one reporting requirement.
Requirement is like that material actual cost & quantity which issued to WBS/ Project in perticular period.
I am having some idea. Like COEP table via value type 4 I can fetch the actual cost for the porject.
How to fetch the cost for only material consumbed by proejct.
Please extend your help. so, I get more clear path to work ahead.
Regards
Nitin P.

Hi,
Pls check Automatic Posting account (OBYC).
There is G/L account maintained againt Valuation Class in Transaction GBB.
When u assign material which is having maintained Valuation class , G/L account gets automatically picked up.
using this u can get values from COEP.
Regards,

Project Revenue as in Project Currency

Hi ,
Can we generate the revenue in the project Currency irrespective of Project Functional Currency ?
In Project Billing Manual -- It has been mentioned that If you select Project Functional Currency and Invoice Transaction currency as Revenue Transaction currency On your Multi Currency Project , The GDR Process calculates Revenue in the Invoice Transaction Currency ..
I tried to Check the Box in the Currency Tab Invoice By Billing Transaction currency and tried to select Revenue Transaction Currency as Project Functional and Functional and Invoice Transaction Currency but as soon as i Checked the Box , it get freezed and not letting me to select the Revenue Transaction Currency as Project Functional and Invoice Transaction Currency .
Can any one help me on this issue ...if it possible to generate the revenue in Project Currency and how to set up the same .
Thanks /Regards ,
Manoj

Hi Manoj,
On the Project > Options > Currency > Billing Tab
Please Enable Multi Currency Billing, then select Revenue Transaction Currency and select according to your need.
Invoice By Billing Transaction currency :
When the Invoice by Billing Transaction Currency is enabled for the project, you can generate separate invoices for a project by each billing transaction currency, even
though one or more invoices may be funded by the same agreement. Therefore, expenditures that are billed using markups or burden schedules to derive the bill
amounts are grouped according to their expenditure transaction currencies.
Revenue Transaction Currency options for your project :
Oracle Project Billing selects the Project Functional Currency Only option for revenue transaction currency. This ensures that the Generate Draft Revenue concurrent program generates revenue in project functional currency. To enable the Generate Draft Revenue concurrent program to additionally derive revenue in invoice transaction currency.
Project Functional Currency and Invoice Transaction Currency option :
When you select Project Functional Currency and Invoice Transaction Currency as your revenue transaction currency, the Generate Revenue Accounting Events process calculates Unbilled receivables and Unearned revenue amounts in invoice transaction currency.
Regards
Raghavender K

Urgent: Can Overtime hours be directly charged to a WBS, Project etc.

Dear Team:
Can Overtime hours be directly charged to a WBS, Project etc.
Let me have a Business Solution as well as the SAP solution to do the same requirement.
For example:
If an employee has worked for a Project - Instrumentation for 8 hours + 4 hours as overtime. The total 12 hours to be charged to Instrumentation Project.
Currently we are following as 8 hours are charged directly to the Project using Project Systems Data Entry Profile and 4 hours overtime using HR Data Entry Profile. These overtime hours are not getting directly charged to the Project but these are getting paid.
How the above 4 hours of overtime be charged against a project as well as to be paid as overtime. Please assist.
Regards
Mallikarjun P
[email protected]

I didn't get you. Please could you explain me clearly.
Now my scenario is as follows:
If an employee has worked for a project he would be recording his man hours using the Project Systems Profile. For example he has worked on 24.03.2008 for 10 hours for an X project. He books the 10 hours in the project, but in this case 2 hours is overtime to be paid, so he goes to the HR Data entry profile and books the 2 hours as overtime for date 24.03.2008. These 2 hours are recorded in infotype 2002 and payment is made as per the calculation.
10 hours which went to Project Systems will be based on some fixed amount per hour as per the settings. But these 2 hours cost which was paid as overtime in HR should be reflected in the project instead of the normal cost which was set in PS.
More clear:
Project Systems - 1 hour rate is Rs.30.
Human Resources - 1 hour overtime is Rs.100.
If 10 hours worked in Project, 8 hours * 30 = Rs.240 charged to a project.
But 2 hours overtime = 2 hours * 100 = Rs.200 should be charged to the Project and also should be paid as overtime.
Please update on the same.
Regards
Mallikarjun P
Edited by: Patlolla Mallikarjun on Apr 2, 2008 11:58 AM

WBS Settlement Currency

Dear all,
Can i know what is the defaulted currency for project settlement?
Is it would be the controlling area currency??
Is there any way we can change the settlement currecny to object currency instead of co area currency?
Please advise.
Thank you.
Kind regards,
Eila

Dear Eila,
You can not change Controlling Area Currency to Object Currency in Project Settlement.
All the currency-dependent data in the Project System is managed in three different currencies in parallel
1) Controlling area currency
2) Object currency
3) Transaction currency
Use of Currencies in the Project System:
All the currency-dependent data in the Project System is managed in three different currencies in parallel:
Controlling area currency:
The whole project (work breakdown structure, along with the networks, activities, and orders assigned to it) must be in one controlling area. For this reason, the controlling area currency within a project is always uniform.
Object currency:
You can assign any object currency you wish to the following objects in the Project System:
- Project definition (default value for matching WBS elements)
- WBS element
- Network header
- Network activity
If you have assigned a number of company codes to a controlling area and the company codes have different currencies, you cannot allocate the object currency. The system automatically uses the local currency of the respective company code.
Transaction currency:
Costs and revenues arising from different business transactions in the project are recorded in the currency of the appropriate business transaction - for example, the currency in which the purchase order was entered.
Planning also takes account of the business transaction currencies. For example, for an externally-processed activity, the system takes the currency from the purchasing info record. If no currency has been maintained in the purchasing info record, you can maintain it manually in the business transaction. The planning finance flow is always displayed in the project by currency.
Every amount in the project is translated as appropriate when you enter it and recorded in the database in all three currencies. You stipulate the currency translation rates in the Project System implementation guide.
Reporting:
The commercial information system offers reports in any currency you want, in addition to those described above. The system translates the data using the latest rates.
Prerequisites:
Currency amounts are only updated in parallel if you activate the All currencies indicator for the relevant controlling area.
Hope it's clear.
Regards,
Sandeep
Edited by: Sandeep Theurkar on Apr 18, 2009 12:45 PM

How to upload and download Long text for WBS, Project, Network

Hi all,
I have two isssues.
1) I am extracting Projects, WBS , Network , Network activity and network activity element from a SAP 4.7 system using bapi's
BAPI_PROJECTDEF_GETDETAIL
BAPI_PROJECT_GETINFO
BAPI_NETWORK_GETINFO
BAPI_BUS2054_GETDATA
I am able to get all the details except long text. I want to know how do i extract the long text other than getting it manually by using select_text and Read_text Function module, is there any bapi to achieve this.
The reason why i am not using Function modules Read_text and Write_text is, object name( TDNAME ) value stored in STXH table for project, wbs and network are the project, wbs and network itself so i dont have any issues with this but the TDname value for activity and activity element are completely different ( Routing number and counter is stored respectively ) which i am not getting as the part of the bapi(BAPI_NETWORK_GETINFO) output.
2) I have to upload the extracted Project and it sub object data to ECC 6.0 system , i am able to achieve this by using BAPI's BAPI_PROJECTDET_CREATE, BAPI_PROJECT_MAINTAIN and BAPI_NETWORK_MAINTAIN. I am not able to load the longtext for the same, is there any way to load the long text .
All help will be greatly appreciated and rewarded.
Thanks & Regards,
Rajanidhi Rajasekeran.

One thread in the correct forum is good enough, no need to double post across ABAP forums. Thanks.
Regards,
Rich Heilman

Budget assignment on WBS / Project

Hi Experts,
We are using WBS for the settlement of the Order.
If I to want to restrict on some specified Budget, where we can do that? WBS or Project WBS.
And, will it restrict error on Order settlement if the Budget of settlement is more than assigned Budget?
Thanks!!

Hello!
You can allocate budget on WBS element. Then assign this WBS element in account assignemnt of maintenance order. If you
are exceeding budget limits then system will not allow you to post the actuals (Reservation, Service entry sheet, GR of PO for
non-stock items).
You may allocate budget in t code CJ30. You can also change the budget limit here.
Please reply if there is any doubt.
Regards,
Vaibhav Mishra
Edited by: Mishra_Vaibhav on Jan 27, 2011 8:39 AM

Settlement of WBS/Project Profile (Cross Company Code)

Hello All,
At my current client, we are having 45 company codes assigned to one controlling area.My question is around setting of Project Profile/Settlement Profile. How do I manage project profiles?
Also If I am managing few project profiles allowing cross company code settlement, what are the pros and cons of doing this? What are the bare minimums for this with respect to configuration
Thanks
Shiv

projects are cross company codes but must be wuithin oine controlling area - so you are ok
the settlement will be from an object either WBS or network activity
the settlement will happen in the company code that is assigned to either the WBS or network activity
regards project profile create as less as possible - if the only difference is the company code then use templates for different companies, or make company code mandatory forcing the user to enter on creation - this will limit the number of project profiles

Table for WBS project status and budget.

hi,
i am being requested to have a report with project details with the PO and PR.
but i were unable to find the table for the project status (TECO, REL) for a WBS element. may i know want table and what field they were being link?
aside, may i know under what table does the "budget assigned" to a WBS element located at?
thanks

Hi Ben,
in order to retrieve the status of a WBS element, please select into table JEST by object number (JEST-OBJNR = PRPS-OBJNR). This will give you an internal status code (JEST-STAT). Then go to table TJ02 with this internal code and select field TJ02-TXT04: this will give you the external status code.
For the budget, go to tables COSP and COSS, selecting by object number (OBJNR).
I hope this helps. Best regards,
Alvaro

Check at PR /PO level for budget exceeding in WBS project

Hi experts,
We have a requirement to put check for creation of PR and PO if budget exceeds for a particular WBS.
Kindly suggest the steps to configure the same in PS module.
thanks.

Hi,
It is needed your controlling area has commitment management active. Then you have to make these settings :
SPRO --> PS -->Costs --> Budget
You have to create a budget profile, assign this to your project profile and then you can define tolerance limits for each operation ( warning and error messages),
I hope this can be useful, try to configure it and let us know if you need more information.
Regards,
Sara

How to post overhead costs in WBS object currency?

I have a requirement to post the overhead costs (t.code CJ45) to the WBS elements in the respective WBS element object currency instead of the controlling area currency or the company code currency. How can i configure this?

Answered

Project Coding in Standard WBS project template

How is the project coding taken while coping from standard project template.
For example the Trandard project template is XXXzzz10
XXXzzz10-01 and so on
How will the subsequent projects be created from the templates with what coding mask.
Thanks!

hi,
subsequent projects created by using Copy Project function will be based on the key that the system automatically determines.
if you have a coding mask, the system will replace first section of the mask by the name you specify.
if system is unable to find a key, it will automatically retain the name of the standard project, if wbs with same name exists, you have to use replace function... this is similar to "find and replace" function common in office applications wherein you set the key and system will replace all elements that match..
regards...

Transfer cost from CE(WIP) to WBS(project)

Dear Gurus,
My client has settled all his WIP cost into a G/L, now we want to transfer this cost from G/L to WBS.
Please assist what can be an ideal way of doing this so that we get both Fi and Co documents.
Thanks and Regards,
Manish
Edited by: mash215 on Apr 9, 2010 8:52 AM

Why dont you reverse the settlement?
Sorry, I assumed that you have done settlement from WBS to G/L.
Edited by: Ahmed Rifaee on Apr 9, 2010 1:00 PM

WBS project currency

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