About co88
About co88
Blog Article
We use CO88 in the track record being an right away process then use KO88 if orders essential correction and settlement separately (no position in operating all the plant to have one buy)
The CO88 settles the actual variances in your order. it can make a financial posting. the distinction between system and real is not a money variety, It is just a Regulate/Examination worth.
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Basically, CO88 is used to settle the wip and variance in your production orders (WIP or variance relies on the position of your respective buy) to your respective receiver G/L Accounts.
Generally, in cases of income get Expense estimate, you should have a valuation technique that is definitely recorded against the primary merchandise receipt for just a Production get that is connected to the gross sales purchase.
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CO88 is often a collective process and may settle all order within a plant (or all plants) that have experienced WIP and Variance calculations pocessed.
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Think about the buy standing. In the event the standing has DLV or TECO, the balance on the purchase will write-up to variance. if there is not any DLV nor TECO, then the stability will write-up to WIP.
CO88 posts the particular balance on the purchase and that is the difference between precise debit and credits to an order. If the overall real Price tag is currently being posted as co88 variance, then (1 motive is) no supply was created which might post an real credit rating versus the order as well as position is TECO.
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