COST CENTER ACCOUNTING CO88 Settlement product cost collector collective unction!lit" Collective settlement for all product cost collector is done throuh this transaction In the production process the product cost collector is de!ited "ith actual costs such as ra" material and pac#in material consumption$ consumption of various activities such as la!our$ machine hours etc% The actual cost posted can !e different then standards% The difference !et"een the de!its and credits on the product cost collector are settled to &I$ 'CA and CO'A throuh this transaction% Durin this settlement$ either (I' )at taret cost* or +ariance or !oth are posted% Scen!rio ,ou "ant to post (I' or +ariance$ "hich is the last step in the cost o!-ect controllin for all the product cost collectors for a plant% Alternativel. .ou can do for all plants !. #eepin the plant filed !lan#% Re#uirements (I' and +ariance "as calculated% $enu P!t% Accountin Controllin 'roduct Cost Controllin Cost O!-ect Controllin 'roduct Cost !. 'eriod 'eriod/End Closin Sinle &unctions0 'roduct Cost Collector Settlement CO11 / Collective 'rocessin CO11 / Collective 'rocessin Tr!ns!ction Code CO11 &' Dou!le clic# on CO88 ( Collective Processin) SA'TO'2O3S 'ae 4 of 5 PRODUCT COST CONTROLLING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING Actu!l Settlement* Production+process orders ,' Clic# the -it% production orders chec#!o6 to deselect% .' Clic# the -it% process orders chec#!o6 to deselect% /' Clic# the -it% 0$ orders chec#!o6 to deselect% SA'TO'2O3S 'ae 7 of 5 PRODUCT COST CONTROLLING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 1' Update the follo"in fields0 ield N!me ield Description 2!lues 'lant Code identif.in the operational unit of the compan. "here the material is manufactured and stored 4788 Settlement period The period in "hich product cost collectors are to !e settled% 48 &iscal .ear The .ear in "hich product cost collectors are to !e settled% 7887 Note* As settlement period differs from posting period you need to specify the posting period in separate field. Such situation can happen due to a requirement of a mistake correction. 3' Clic# the Test run chec#!o6 to deselect% 4' Clic# the Det!il list chec#!o6 to select% 8' Clic# the E5ecute !utton% 6' Clic# the Det!il list !utton% SA'TO'2O3S 'ae 9 of 5 PRODUCT COST CONTROLLING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING Actu!l Settlement* Production+process orders Det!il list &7' Select the ORD 87777,& TPS(& Production version entr.% &&' Clic# the Accountin) documents !utton% SA'TO'2O3S 'ae : of 5 PRODUCT COST CONTROLLING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING List o8 Documents in Accountin) &,' Clic# the Accountin) document entr.% SA'TO'2O3S 'ae ; of 5 PRODUCT COST CONTROLLING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING Displ!" Document* Overvie9 &.' Clic# the :!c; !utton% SA'TO'2O3S 'ae < of 5 PRODUCT COST CONTROLLING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING Actu!l Settlement* Production+process orders Det!il list &/' Clic# the C!ncel !utton% &1' Clic# the :!c; !utton% &3' Clic# the :!c; !utton% SA'TO'2O3S 'ae 5 of 5