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Hello Community,

I am currently working on the setup of cost and revenue elements in IFS and I would like to clarify the best practice between two possible approaches:

  1. Marking the "Account" dimension as basCost/Revenue Element

    • In this case, the general ledger account itself is used directly as a cost or revenue element

    •  

  2. Creating a dedicated Analytical Segment for Cost/Revenue Elemen

My question is : From your experience, what are the advantages and disadvantages of each approach in IFS?

Any guidance or lessons learned from your implementations would be highly appreciated.

Thank you!

I guess it depends a bit on the situation, but for me a dedicated code part for PCRE is preferred in almost all cases.

It's just that finance sometime does not want that.

Regards Erik

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