About co88
About co88
Blog Article
We use CO88 inside the history as an right away course of action and afterwards use KO88 if orders essential correction and settlement individually (no position in jogging your entire plant to obtain 1 order)
It can be According to profits purchase Price tag estimate i.e. for each unit Expense of products receipt is According to the profits buy Value estimate, it can be be price tag as per the preliminary price of the creation purchase, or it can be According to standard Charge estimate of the material.
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Quite simply, CO88 is accustomed to settle the wip and variance within your manufacturing orders (WIP or variance depends upon the status within your purchase) into the respective receiver G/L Accounts.
CO88 is not going to post the difference between plan and true values, that are a measure of how very well the order is planned - a distinction between approach and real, demonstrates that BOMs and rountings are wrong, or perhaps the estimate for the prepare is outside of day - they are production control troubles not a postable FI entry.
This credit history would Web the get all the way down to your prepared variance, or to zero. not less than the equilibrium on the get.
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CO88 is used for collective processing of manufacturing get and processing orders. we might also shedule the settlement approach for mass processing of settling the orders.
CO88 posts the actual harmony on the order which is the distinction between real debit and credits to an get. If the whole real Price tag is currently being posted as variance, then (a single reason is) no shipping was produced which might publish an precise credit score versus the purchase and the standing is TECO.
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The particular expenses posted to an purchase might be kind of than the worth with which an get was credited when the products receipt was posted. When you agree, this distinction between the debit and credit history from the order is transferred to Economic Accounting (FI).