Logistics & Supply Chain
What is Project System (PS)?
The SAP module for planning, executing, and controlling projects using WBS elements and networks.
PS integrates with CO for costs and budgets, MM for procurement, and PP for production. Capital projects settle to assets under construction. Commercial Project Management and Project Financial Control are related S/4HANA options.
Related transaction codes
Related terms
Work Breakdown Structure Element
A hierarchical element of a project's work breakdown structure that collects costs, budget, and revenues.
Settlement
Transferring costs collected on an order or project to final receivers, such as cost centers, assets, or profitability segments.
Asset Under Construction
A special asset type that collects capital costs until a fixed asset is completed and settled to final assets.
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