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author's profile photo Former Member
Former Member

Production Variance Settlement.

Hello friends,

Hope you all are well!

Is there anyway that I can settle the production variances into different GL accounts at the same time? For example I have $1000 as the variances on my order. It is further divided into $200 for material another $800 for material overheads.

This $1000 is posted into a price difference gl a/c when settled. I would like to capture only the material cost i.e. $200 and post it into a different account. Is that possible? If so, how please explain.

Your help is much appreciated

Regards

Shiv

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Aug 29, 2007 at 04:56 PM

    Hi,

    When I run the KOB3, it displays NO LINE ITEMS WERE SELECTED.

    Although I've few production orders that have got variances on them and are settled in the current period, it still can't display the line items.

    Is there anything I'm missing..? or do I need to run a data collection run...?

    Is there any other way that I can analyze the variances?

    Many thanks

    Shiv

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 06, 2007 at 03:56 PM

    Try changing OBYC for Material's val class in GBB-AUA to G/L of your choice. Let meknow if this helps or not?

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  • Posted on Jul 06, 2007 at 04:30 PM

    Variances can be individually analyzed through KOB3 in a very detailed manner. This can split, the variance into various variance categories. The source cost element also appear within. There are reports to run for a group of orders. This may be able to serve the purpose, as I guess there are not much option except to list a separate G/L account by valuation class of the material produced. You may also use COPA to settle various variance categories to different value fields. Within product costing if you can run order summarization (KKRV) at period end and then run S_ALR_87013149 - Periodic You can drill down by orders and analyze variance by categories.

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