Top latest Five co88 Urban news
Top latest Five co88 Urban news
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We use CO88 during the track record being an right away approach after which use KO88 if orders needed correction and settlement individually (no position in running all the plant to acquire 1 buy)
The CO88 settles the particular variances on your own buy. it can make a money publishing. the distinction between prepare and real is not really a economic selection, This is a Command/Assessment price.
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Basically, CO88 is utilized to settle the wip and variance in your creation orders (WIP or variance depends upon the standing of the buy) to your respective receiver G/L Accounts.
CO88 won't publish the difference between plan and real values, that are a evaluate of how perfectly the get is planned - a difference between strategy and actual, reveals that BOMs and rountings are Erroneous, or even the estimate for the approach is away from day - these are definitely production control challenges not a postable FI entry.
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CO88 is usually a collective course of action and will settle all get in a very plant (or all crops) that have had WIP and Variance calculations pocessed.
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CO88 is used for collective processing of production order and processing orders. we can also shedule the settlement process for mass processing of settling the orders.
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The particular prices posted to an get may be more or less than the value with which an purchase was credited when the goods receipt was posted. When you settle, this difference between the debit and credit score in the buy is transferred to Fiscal Accounting (FI).