co88 Fundamentals Explained
co88 Fundamentals Explained
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The CO88 settles the actual variances with your buy. it makes a fiscal publishing. the difference between system and actual is just not a financial amount, It is just a control/Examination price.
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Co88 is basically the same as ko88, inside of a difference that it's useful for collective processing (more than 1 manufacturing orders).
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Basically, CO88 is used to settle the wip and variance as part of your manufacturing orders (WIP or variance depends upon the standing within your order) to your respective receiver G/L Accounts.
CO88 will never submit the distinction between system and real values, that are a measure of how nicely the buy is planned - a difference between strategy and precise, shows that BOMs and rountings are Completely wrong, or perhaps the estimate for the system is from day - these are generally producing Management difficulties not a postable FI entry.
This credit score would net the order all the way down to your prepared variance, or to zero. not less than the equilibrium over the order.
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CO88 is used for collective processing of manufacturing buy and processing orders. we may shedule the settlement system for mass processing of settling the orders.
CO88 posts the particular harmony in the purchase that is the distinction between genuine debit and credits to an co88 order. If the entire actual Value is getting posted as variance, then (a single explanation is) no delivery was built which would write-up an true credit history in opposition to the get along with the status is TECO.
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