What is the different between account assignment P Project & K Cost center?

Hi ,
I need to raise a PR and PO for repairing damge of our Project's Product.
In this stituation, I should create PR with account assigment P (Project) or K (Cost center)?
Thanks

Hi,
Material are procured as stock or non-stock materials. When you procure material which can be used in production of finished product ,stock is maintained.
Account assignment category describes how the procured material is being used (for eg: Cost Center, Sales Order, etc). It also determines how the accounting entries made when a GR document or IR document is posted.
When you use the Account Assignment Category "K", it means the material is allocated to a cost center for consumption. The Materials is accounted to the particular cost center.
Account Assignment Category "P" is used for materials that are required for the project related.
Hope it helps.
Regards,
Bijoy Kumar

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