Error message: Message no. CJ052 “WBS Element ABCDEFG.1 is not a billing element” Analysis and Diagnosis: During posting to a revenue g/l account in Financial Accounting through F-22 or F-02, the above error message occured when WBS element ABCDEFG.1 is used. Because the WBS element ABCDEFG.1 is not defined as a billing element, you can not post revenues to [...]

CJ20N is a transaction code in SAP Project System to access Project Builder function. Alternatively, the Project Builder can be accessed through this path: SAP Easy Access →  Accounting → Project System → Project → Project Builder. Project System is an SAP module that have found very effective tool for project monitoring especially for companies in [...]

What is a network in SAP Project System? A network can represent the sequence of activities in a project or the sequence of a single activity in a project. Project Manager can graphically display assorted structural elements of a project and their interdependencies in the Project System. During the life of a project, networks are [...]

Business (Philstar)Major change in revenue recognition for real estate companies KPMG CORNER By Jose T. Valencia Tuesday, July 22, 2008 A new accounting interpretation will take effect on January 1, 2009 which will drastically affect the timing of the recognition of revenues of companies engaged in development and sale of real estate. The construction of [...]

Purpose Both large scale projects, such as building a factory, and small-scale projects, such as organizing a trade fair, require precise planning of the many detailed activities involved. The project manager has the job of ensuring that the project is executed efficiently, on time, and within budget – which he or she achieves by ensuring [...]