co88 Fundamentals Explained
co88 Fundamentals Explained
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We use CO88 in the history as an right away course of action and afterwards use KO88 if orders necessary correction and settlement separately (no place in working the entire plant for getting 1 purchase)
The CO88 settles the particular variances on your buy. it can make a monetary publishing. the distinction between approach and real is not a fiscal quantity, It's really a Handle/Investigation value.
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The variances reported on the above mentioned really should characterize the distinction between the Prepare prices and the particular expenses. Even so, the documented figures appear to stand for the full true fees!
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CO88 will likely not write-up the difference between program and precise values, which can be a evaluate of how well the order is planned - a difference between program and genuine, reveals that BOMs and rountings are Incorrect, or even the estimate to the prepare is away from date - these are definitely manufacturing Manage challenges not a postable FI entry.
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CO88 is really a collective process and can settle all order inside of a plant (or all vegetation) which have had WIP and Variance calculations pocessed.
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The particular expenditures posted to an purchase might be more or less than the worth with which an get was credited when the goods receipt was posted. When you agree, this difference between the debit and credit history on the order is transferred to Economical Accounting (FI).