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Former Member

order settlement

hi darma,

why we need to do settlement of order ,last time you given t.code for order settlement ,but plz tell me where is it assigned in sequence wise.in which fileld?

thank .

paresh

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 09, 2008 at 07:09 AM

    Main purpose of doing settlement is to periodically settle the costs related to the order to a settlement receiver

    Suppose your standard cost for any product is 100 & actual production cost is 150. This difference of 50 will remain in order only .

    Now this has to be booked either against the product or against a variance cost centre, so that from the variance cost centre we can book it to different cost centres.

    If price is in V; it is booked in material GL A /c

    If price is in S; it is booked in variance GL a/c which is assigned to a variance cost center

    T Codes are already given in earlier mails

    This is how it works

    Rgds

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 10, 2008 at 04:55 AM

    Hi

    T code for order settlement

    Actual overhead calculation - KGI2

    WIP calculation - KKAX

    Variance calculation - KKS2

    Settlement individual material- KO88

    Use menu path instead of using T code's. Logistics / Production/ SFC/ there you can find some T code for settlement.

    Regards

    J . Saravan

    Edited by: J. Saravanan on Apr 10, 2008 6:58 AM

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 10, 2008 at 05:13 AM

    Hi,

    Previous member Vicky explained clearly.

    why we need to do settlement of order - Cost of the Order is incurred in the order. To close this order, this cost is settled to one or more cost receiver ie, account of material produced.

    When settlement , the order cost is reduced. The material is delivered to stock. The material stock account is increased accordingly.

    Regards,

    Dharma

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