on 03-01-2011 5:59 AM
We have a issue in WIP settelment throug CO88, at the time of order creation and subsequent issue of components, the cost of component was more then the cost of FG and because of that total cost of GI was more then Cost of FG produced and so the difference of cost is coming in WIP
like A is FG and B is SFG
BOM is lile 1 A need 1 B and we have a order of 10 qtd of A which require 10 Qtd of B,
Cost of A is 2 Rs and cost of B is 3 Rs(They had not run the costing run before)
so the total GI is 30Rs and total GR is 20 Rs
although there is no WIP after completion of order but that diffrence of 10 rs is not going from WIP GL calculated after CO88
KIndly advice
Dear,
The orders which has gone through WIP process needs to have "DLV" or "TECO" status for the WIP entry to be removed and the variance settled to the material account.
Please set TECO status for the orders and complete all the CO period end transactions like WIP calculation, Variance Calculation and settlement.
Regards,
Prasobh
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