Top co88 Secrets
Top co88 Secrets
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We use CO88 inside the track record as an right away process after which use KO88 if orders necessary correction and settlement individually (no stage in operating the whole plant to obtain one buy)
It might be According to profits order Value estimate i.e. per unit Value of goods receipt is as per the sales buy Charge estimate, it can be be selling price According to the preliminary expense of the output buy, or it could be According to common Charge estimate of the fabric.
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To paraphrase, CO88 is used to settle the wip and variance inside your output orders (WIP or variance depends on the standing within your purchase) to the respective receiver G/L Accounts.
CO88 won't publish the difference between strategy and true values, that happen to be a measure of how perfectly the purchase is prepared - a difference between approach and real, demonstrates that BOMs and rountings are Improper, or the estimate to the strategy is away from day - these are generally manufacturing Regulate concerns not a postable FI entry.
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CO88 is usually a collective approach and can settle all get inside a plant (or all vegetation) which have experienced WIP and Variance calculations pocessed.
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CO88 is used for collective processing of production get and processing orders. we can also shedule the settlement process for mass processing of settling the orders.
CO88 posts the actual equilibrium with the purchase which is the distinction between real debit and credits to an get. If the whole actual co88 Price tag is currently being posted as variance, then (a single reason is) no shipping was built which might publish an genuine credit score towards the get along with the position is TECO.
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The particular prices posted to an order 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).