WIP PP

[Former Member]

Hi,

How can i see WIP cost in GL once i execute the WIP for all Production Orders using KKAX KKAO,

Because there will be setting in customizing , Posting settings for WIP there i got GL

1 GL account,

2 PL account.

Now when i see Both GL in fs10n after doing WIP calculation, the cost is not showing.

How can i see the cost flowed in gl when i execute KKAX KKAO,

Regards,

Pavanidlur

[rupesh_brahmankar3 · Accepted solution]

Dear,

WIP Cot post to the Gl account after the settlement you need to CO88 or KO88.

Work in Process for partially delivered orders and for Variances for fully delivered orders are posted to Financial Accounting after Settlement only.

Regards,

R.Brahmankar

[Former Member · Accepted solution]

Hi Sir , i was hoping answer from u only...

Yes i got it,

see i want to Close the period,

Now suppose i say i have 20 orders in progress...

So wt should i do to calculate...

Pls check my steps, from your answer i came to understand tht,

1) Now i hav to Techo the order

2) Run KKAX/KKAO,

3) and do settlement...

Right...?

so now wt about the next period,

Can i use same orders, wt about cost posted to WIP account... again we have to post it to consumption or wt...?

Pls let me have suggstion from you...

Regards

Pavanidlur.

[rupesh_brahmankar3 · Accepted solution]

Dear,

Yes steps are right.

1. You can set the Status to TECO, then the Order will be part of settlement process.

2. Next month also you can still process the order with/without revoking the TECO.

3. At the end of next month you can again settle the Orders.

System will consider the Orders for settlement when the Status is DLV or TECO.

Steps are,

Overhead Costs - KGI2 / CO43

Variance Calculated - KKS2 / KKS1

Settlement - KO88 / CO88

Regards,

R.Brahmankar

[Former Member · Accepted solution]

Hi sir,

I m bit confusion while doing WIP for PP orders.

Pls give me clear steps for doing WIP.

U told to Techo Order , CalCulate WIP using KKAX/KKAO, Then do Settlement.

But it is said that system will not calculate WIP for Order Status Techo, DLV.

Even though i followed steps.

I have Techo order , Calculate WIP, now in KKAX it is showing GR amount.

After that i went for KO88 , here it is showing Balace amount.

is that right, If so the cost is not flowing to P/L account or Balance sheet account.

How can i show WIP for my FI persons in P/L account or Balance sheet accout, if the cost is not posting.

Configuration is right, there are p/l , balace sheet accounts assigned to Posting rules for wip in Customizing.

What exactly i m missing pls let me Know.

What are document types assigned drring WIP, is i m missing Document types assignment.

Pls revert me back Brahman sir.

Regards,

PAVANIDLUR

[rupesh_brahmankar3 · Accepted solution]

Dear,

Status REL PCNF and CNF is relevent for WIP caluation.

And status TECO or DLV is required for the settlement. After the settlement t cost will flow to the corresposding accounts.

So when WIP transaction is run system creates WIP entry (Value) in FI based on the Cost occured for all Released orders which does not have "DLV" status.

Please refer my reply from these threads,

Hope it will clear you doubts.

Regards,

R.Brahmankar

[Former Member · Accepted solution]

Hi,

Thanks,

Yes i m Ok with your Answer,

But no accounting document is generating while i m doing Settlement for WIP orders.

No cost is flowing to P/L(WIP) and Balace sheet Account ( WIP Account) when i have completed WIP

Why...

Please Guide me.. Configuration

OKG8 setting is OK.

Regards,

PAVANIDLUR

[rupesh_brahmankar3 · Accepted solution]

Dear,

That depends on the nature of settlement; if you settle your costs from one cost object (let's say internal order) to another (cost centre, other I/O, etc.), then no accounting document is to be created. However, if you settle cost to AuC, for example, then you'd expect an accounting document as well, because you transfer costs from P&L to balance sheet accounts

Please note Once the Status of the Production order becomes Delivered we have to caculate the variances through kks2 then calculate the wip again through kkax and settle the wip again through ko88. Then the wip which was settled earlier will be reversed.

You can calculate the wip for partial delivered orders and the same may be settled to FI WIP ac debit and Change in invetory account will be credited and once complete the order you can reverse the wip and calculate the variances on the order.

If the WIP on a production order (with full settlement) is cancelled depends on the status of the production order. In standard this is DLV or TECO and is maintained in the valuation method in Customizing. Thereupon variances and settlement have to be executed as well. After the settlement the WIP account in FI should have been offset as well.

Hope clear to you.

Also check this link,

Regards,

R.Brahmankar