The receivers specified in the settlement rules are debited. Settlement takes place at the end of each period. These rules can be defined for each line item or according to origin assignments by cost element. (PS) Periodic settlement contains settlement rules for CO receivers (cost centers and internal orders). Project System offers structure planning (at the WBS element level), detailed planning by cost element, and detailed planning of secondary costs, using planned activity quantity and rates. In the Controlling module, plan data for Company 0030 is developed in Transition II and loaded monthly. R/3 offers several types of planning for internal reporting purposes. (CO/PS) In R/3, planning is synonymous with budgeting. Valuation difference in the various depreciation areas of fixed assets are determined using a capitalization structure and are taken into account. The values that are not settled to cost accounting receivers are automatically accrued to the asset under construction that is specified in the order of PSP element.

This is an SAP cost accounting /project organization term. PSP-Element English translation: WBS element Social Science, Sociology, Ethics, etc.General / Conversation / Greetings / Letters.

Ps elements