PS 202 · FINANCE
How are project cost, revenue, period end, and settlement controlled?
Collect costs and revenues temporarily, apply period-end rules, settle to permitted receivers, and preserve financial evidence.
READ THE CAPABILITY
Treat project finance as a controlled collection and settlement story
Project financial control begins with collecting cost and revenue on the right WBS or execution object. Period-end processing then applies approved rules for accruals, results analysis, overhead, settlement, or revenue recognition according to the project type.
The project balance is not automatically the final financial result. Reviewers need to distinguish source postings, temporary collection, eligible receiver, period treatment, and residual balance before declaring the project financially complete.
WORKING FLOW
From business decision to controlled evidence
Follow the capability through the records and decisions that make the result explainable.
Collect accountable value
Post supplier, material, internal, overhead, revenue, and adjustment evidence to the approved project boundary.
Apply period controls
Run the relevant planning, accrual, results-analysis, or period-end treatment and explain the movement.
Settle to valid receivers
Use settlement rules and source structures to transfer eligible cost or revenue to the permitted receiver.
Reconcile and close
Resolve residuals, reversals, late postings, rejected receivers, and the relationship between operational and financial completion.
DIAGNOSTIC EVIDENCE
What should be traceable?
When the result looks wrong, start with the last trusted record and follow the owning boundary.
Origin document, cost or revenue type, WBS or activity, posting period, and accounting assignment.
Plan, actual, accrual, results-analysis or recognition basis, version, status, and period-end decision.
Settlement rule, receiver, posting document, residual balance, reversal history, and approved close evidence.
SCENARIO
A customer project has delivered work but retains unbilled cost
The team separates physical completion from financial completion, identifies the applicable revenue or results-analysis treatment, and reconciles cost, revenue, billing, and settlement evidence before closing the period.
- Business rule and accountable owner are explicit
- SAP object and source evidence remain connected
- Exception or outcome is reconciled before closure
CORE MODEL
Three questions to resolve
A sound design makes ownership, control, and evidence explicit before configuration.
Cost and revenue objects
Define the rule, responsible object, required master data, resulting document or posting, and proof.
Compare patterns02Settlement profiles and rules
Define the rule, responsible object, required master data, resulting document or posting, and proof.
Compare patterns03Period-end reconciliation and closure
Define the rule, responsible object, required master data, resulting document or posting, and proof.
Compare patternsSee how this capability changes across valid integration models.