co88 Fundamentals Explained
co88 Fundamentals Explained
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We use CO88 while in the qualifications as an overnight method and afterwards use KO88 if orders desired correction and settlement separately (no issue in functioning your complete plant for getting one buy)
The CO88 settles the particular variances on your purchase. it will make a economic publishing. the difference between program and precise just isn't a money number, This is a Command/Evaluation worth.
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Co88 is essentially the same as ko88, in a distinction that it's useful for collective processing (much more than one creation orders).
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Basically, CO88 is utilized to settle the wip and variance in your manufacturing orders (WIP or variance is dependent upon the standing of your respective get) into the respective receiver G/L Accounts.
CO88 is not going to article the difference between plan and genuine values, that happen to be a measure of how very well the purchase is planned - a difference between plan and genuine, exhibits that BOMs and rountings are Completely wrong, or even the estimate for the approach is from day - these are generally producing Management issues not a postable FI entry.
This credit score would Internet the purchase down to your planned variance, or to zero. at the very least the stability on the order.
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I am endeavoring to analyse a method Get. I am able to analyse the full Precise Expense for all the expense components. bUt I'm unable to know how program is calculating the full Target Value for every Cost factor.
CO88 is utilized for collective processing of creation purchase and processing orders. we also can shedule the settlement method for mass processing of settling the orders.
CO88 posts the actual equilibrium on the buy which is the distinction between true debit and credits to an order. If the overall real Price tag is currently being posted as variance, then (a single reason is) no shipping was produced which might publish an genuine credit score from the order as well as status is TECO.
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The actual charges posted to an buy is usually kind of than the worth with which an get was credited when the products receipt was posted. When you agree, this distinction between the debit and credit from the co88 order is transferred to Economic Accounting (FI).