Skip to Content
0
Former Member
Jan 23, 2009 at 04:32 PM

Closing Entry Run without "Revaluation of Consumption Checkbox"

130 Views

Hi gurus,

I have a very important problem and I need to close the period as soon as possible.

I did closing entry run for an individual material without the Revaluation of Consumption checkbox. CO object revaluation is active for the consumption alternatives (Both for CO and FI revaluation). We see normal postings (with checbox filled) with profitability (CO-PA) object.

What are the postings that ML did in both FI side and CO side. When I looked at the posting price differences are distributed for each single profitability(CO-PA) object in CKM3 view. Also related amount sent to ending inventory (both in CKM3 view and with FI stock account postings).

Under this conditions, COGS account are posted still with standard price rather then actual price. Am I right. So, for the correct result, should we post the related amount (actual - std price difference X sold amount) to the COGS account?

On the other hand, how will be the CO-PA posting at the end of the period. As you know the actual prices are taken from ML and COGS accounts are posted with standard prices. Therefore, CO-PA COGS amount will not be actual amount. Am I right.

Thanks in advance.

Ahmet