Skip to main content

Hello,

Please help a beginner with question about cost elements used in Accounting and Project module in IFS.

For example, we are issuing Purchase requisition and later Purchase order for Inventory Part and we are connecting that Inventory Part in PR/PO to Activity in Project module.

Is it possible to have the cost of this inventory part assigned to Cost Element in two different ways:

  • One Cost Element for our Financial department for General Ledger
  • Other (different) Cost Element in Project Navigator / Budget Analysis

Our goal is to have the cost reported in two different ways, one simpler way needed for our Financial department, and one more detailed way for Project team.

Thank you and best regards.

Hi @Ivo,

As per my knowledge you cannot assign same transaction to 2 cost elements. But you can use project  pre-posting for categorising the costs for the general ledger.

Regards,

Mithun K V

Reply


Terms & ConditionsCookie settings