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KO88-Actual Settlement Order'

HI, I am running an 'Actual Settlement Order' by TS KO88. The problem is that the settlement post a document in FI, too. I had understood that this ts only posted in CO and not in FI.

Has it always worked by this way? or is it any change in version 6.0 (NGL is actived)?

thanks,

Cecilia

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4 Answers

  • Posted on Sep 23, 2009 at 01:45 AM

    Cecilia Penelas,

    The case with just CO postings on settlement is only when the order has status release and the RA version 0 for WIP is configured NOT to "Transfer to Financial Accounting".

    Otherwise after settlement CO88, if an order has status TECO or Complete, FI postings would be Dr: COGS Cr: Production cost. And if an order has status released or partial delivered, FI postings would be Dr: WIP (B/S account) Cr: WIP Transfer (P/L account)

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 23, 2009 at 05:10 AM

    With New GL, you have the option of using Classic Profit Center Accounting or New GL Profit Center Accounting. When you use Classis PCA, a separate profit center document is generated and posted a separate ledger under Controlling. Whereas, iIf you are using New GL Profit Center Accounting, then, PCA entries get posted in the NewGL itself. That is, FI document itself will have PCA postings, and no separate PCA document gets generated. FI entry will get passed in the following cases:

    1. if the Sender and Receiver cost objects are assigned to different profit centers

    2. If settlement entries get posted to GL accounts for which no cost element has been created. e.g. Price Difference A/c and Change in Inventory A/c

    Sudhakar Shetty

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 23, 2009 at 08:56 AM

    Hi,

    Your question need to be rephrased. Is it relating to Production Order or some other order

    If your are talking about the variance settlement from Production Order, then The variances from production will be settled to CO and FI together.

    Your observation is right.

    That should be the right way, then only you will have real double entry concept being applied else there will be misleading financual figures.

    Best Regards

    Surya

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  • Posted on Sep 23, 2009 at 02:38 PM

    The real time integration between CO/FI is actived.

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