What is CO88 used for?

The SAP TCode CO88 is used for the task : Actual Settlment: Production /Process Orders. The TCode belongs to the KABR package.

What is CO88?

Co88 is basically the same as ko88, in a difference that it is used for collective processing (more than 1 production orders). In other words, CO88 is used to settle the wip and variance in your production orders (WIP or variance depends on the status of your order) to the respective receiver G/L Accounts.

What is production order settlement?

When a production order is settled, the actual costs incurred for the order are settled to one or more receiver cost-objects (for example, to the account for the material produced or to a sales order).

How do you settle a process order in SAP?

The variance is nothing but the difference between the planned and actual values of raw materials,activities etc. The difference will be settled to the production variance accounts. The prerequisite for Process Order Settlement is the Process order should have the status REL and DLV . KO88 is the tcode.

What is SAP process order?

Process orders are used for the production of materials or for rendering of services in a specific quantity on a specific date. They enable the planning of resources, control of process order management, and specify the rules for account assignment and order settlement.

What is SAP production order?

SAP Production Order is a transactional data object that belongs to the production and planning module. Production orders are used to capture the quantities and cost-related to production.

What is PP process in SAP?

SAP Production Planning (SAP PP) is the component of ERP Central Component (ECC) that helps businesses plan the manufacturing, sale and distribution of goods.

What is difference between production order and process order?

Process orders provide you with extra functionality, such as phases and process instructions for process industries. If you use production orders, the system transfers a routing and a bill of material (BOM) into the master data of the order header.

How do you maintain settlement rules in SAP?

Procedure

1. Choose Settlement rule in the master data maintenance for the relevant sender object.
2. You maintain settlement rules in Customizing under Controlling Internal Orders Actual Postings Settlement Maintain Settlement Profiles .
3. Choose Edit New rule or enter the value directly.

What are PP orders in SAP?

Advertisements. A production order is used to define the material to be produced, plant location where production has to be done, date and time of production, and quantity of goods required.

Is BOM master data?

The BOM is part of the master data of production planning and is also used in discrete manufacturing.

What is co88 and how to use it?

In other words, CO88 is used to settle the wip and variance in your production orders (WIP or variance depends on the status of your order) to the respective receiver G/L Accounts. Hope this helps. Help to improve this answer by adding a comment.

What is co88 transaction code in SAP?

Here we would like to draw your attention to CO88 transaction code in SAP. As we know it is being used in the SAP CO-OM (Overhead Cost Controlling in CO) component which is coming under CO module (Controlling) .CO88 is a transaction code used for Act. Settlment: Prod./Process Orders in SAP.

When is co88 run for production order?

CO88 is run during the month end for all the Process/Production orders in a plant. Before CO88, we have to run CO43 (if Actual OH required to calculate), KKAO & KKS1. What is the impact on production order. What is the final satge for a production order is it CO88?