We use CO88 within the track record as an right away course of action after which you can use KO88 if orders required correction and settlement independently (no stage in running the entire plant to receive 1 get)
The CO88 settles the particular variances in your buy. it makes a fiscal publishing. the difference between system and real will not be a financial amount, It's really a Manage/Investigation benefit.
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Co88 is basically similar to ko88, inside of a change that it's employed for collective processing (a lot more than 1 manufacturing 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 buy) into the respective receiver G/L Accounts.
CO88 will not write-up the difference between strategy and precise values, that happen to be a measure of how very well the purchase is prepared - a difference between system and real, reveals that BOMs and rountings are Mistaken, or the estimate for that strategy is away from date - these are typically manufacturing Regulate problems not a postable FI entry.
This credit rating would Internet the purchase right down to your planned variance, or to zero. a minimum of the balance around the order.
CO88 is really a collective process and can settle all order inside of a plant (or all vegetation) which have had WIP and Variance calculations pocessed.
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CO88 is useful for collective processing of output buy and processing orders. we might also shedule the settlement course of action for mass processing of settling the orders.
CO88 posts the particular balance of your purchase that is the distinction between true debit and credits to an order. If the overall real cost is staying posted as variance, then (a single reason is) no shipping was produced which might publish an genuine credit score from the order plus the status is TECO.
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