The 5-Second Trick For co88
The 5-Second Trick For co88
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We use CO88 during the history being an overnight approach after which you can use KO88 if orders desired correction and settlement separately (no place in jogging your complete plant for getting one purchase)
The CO88 settles the actual variances on the order. it would make a financial submitting. the distinction between plan and true is not really a monetary range, it is a Handle/Investigation benefit.
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To put it differently, CO88 is utilized to settle the wip and variance in the generation orders (WIP or variance depends upon the status of your respective get) towards the respective receiver G/L Accounts.
CO88 will not likely put up the difference between approach and real values, which are a evaluate of how nicely the buy is planned - a difference between approach and genuine, shows that BOMs and rountings are Mistaken, or maybe the estimate for the plan is outside of date - these are generally manufacturing Command troubles not a postable FI entry.
This credit score would Internet the purchase down to your planned variance, or to zero. a minimum of the balance around the order.
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Consider the buy position. Should the status has DLV or TECO, the stability about the buy will article to variance. if there isn't any DLV nor TECO, then the balance will submit to WIP.
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The actual costs posted to an get is often more or less than the value with which an purchase was credited when the goods receipt was posted. When you compromise, this distinction between the debit and credit history of the order is transferred to Economic Accounting (FI).