We use CO88 inside the track record as an right away process after which use KO88 if orders desired correction and settlement individually (no level in working your entire plant to have 1 order)

The CO88 settles the particular variances in your get. it tends to make a money posting. the difference between approach and real is not really a monetary range, it is a Handle/Assessment value.

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Co88 is basically the same as ko88, in a variation that it's employed for collective processing (in excess of 1 manufacturing orders).

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Basically, CO88 is accustomed to settle the wip and variance with your generation orders (WIP or variance is dependent upon the standing of one's get) to the respective receiver G/L Accounts.

CO88 will not likely submit the distinction between strategy and precise values, which might be a measure of how properly the get is prepared - a difference between program and precise, exhibits that BOMs and rountings are Erroneous, or maybe the estimate for the program is from date - these are definitely manufacturing Manage challenges not a postable FI entry.

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CO88 is actually a collective procedure and can settle all get within a plant (or all crops) that have had WIP and Variance calculations pocessed.

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Consider the get status. In case the standing has DLV or TECO, the equilibrium on the order will submit to variance. if there isn't a DLV nor TECO, then the equilibrium will write-up to WIP.

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The actual prices posted to an purchase is usually more or less than the value with which an buy was credited when the products receipt was posted. When you settle, this difference between the debit and credit rating of the purchase is transferred to Money Accounting (FI).