Period end closing procedure

[Former Member]

Dear Gurus,

What is the procedure of period end closing procedure of Descrete manufacturing and Repetative manufacturing .

Thanks

ACP

[Former Member]

Perquisite:

1 The order must have the status Released (REL) or Technically completed (TECO)

2 The order balance must be 0

3 There can be no open purchase requisitions, purchase orders.

4 There can be no future change records from confirmation processes. So please complete GR/IR activities for the orders.

2. Steps for Settlement.

1. Over head calculation- KGI2 or CO43

2. WIP - KKAX or KKAO

3. Variance - KKS2 or KKS1

4. Settlement - KO88 or CO88.

karthick

[former_member196398]

ACP,

I think you are looking at Period End closing with respect to CO,

1. PP Side, all manufacturing orders, which are completed needs to be set to "TECO" status. You can use mass processing transaction COHV for this Purpose.

2. CO43 - Overhead Calculation.

3. KKAO - WIP Calculation.

4. KKS1 - Variance Calculation.

5. CO88 - Settlement.

For REM,

1. CO43 - Overhead Calculation.

2. KKAO - WIP Calculation.

3. KKS5 - Variance Calculation.

4. CO88 - Settlement.

5. Period Closing - KKA0.

Regards,

Prasobh