Effect of revenue planning on project cost.

[Former Member]

Hi Expersts,

I am creating a sales order and attaching it to WBS element. I have entered amount for which i want to bill to customer as per price conditions for a item in sales order.Now this value of sales order is captured as a revenue in WBS element (When i run CNS41).

Now when i am creating a billing document and the accounting document, the actual revenue is also getting reflected against the WBS element (In CNS41).

This way i am planning to bill to customer.

Questions are

1. In my case this is the one time billing to customer and hence i am not using the milestone billing. Then is this a correct method?

2. At present i dont see any effect of revenue on cost of project. Can anybody guide me on is there any effect of this revenue on planned and actual cost of the project during the project closure stage?

Thanks

[virendra_pal]

1 ok

2 no effect of rev on planned and actual cost - cost and rev are two different things for cns41