Order Settlement Process

Hi,

I am more familiar till the Order Confirmation Process ( Till the Production Order status set to CNF, DLV).

1)Appreciate if anyone provides me the detailed process of Production Order Settlement /Process Order Settlement(Both in Discrete,Repetitive MFG Scenarios).

2)As per my understanding, Order Settlement is the final step in Order Execution. Can anyone correct me if i am wrong.

3) Whose responsibility( FICO or PP Consultants) is Production Order Settlement ?.

Thanks in advance.