What Does co88 Mean?
What Does co88 Mean?
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We use CO88 inside the track record as an right away system after which use KO88 if orders essential correction and settlement independently (no level in working your entire plant to have 1 order)
It may be According to product sales order Value estimate i.e. per device cost of goods receipt is According to the product sales get Expense estimate, it might be be price tag According to the preliminary cost of the generation order, or it could be as per common Price tag estimate of the material.
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Put simply, CO88 is used to settle the wip and variance with your generation orders (WIP or variance depends on the status of your order) towards the respective receiver G/L Accounts.
CO88 is not going co88 to post the distinction between program and precise values, which might be a measure of how perfectly the purchase is prepared - a difference between approach and true, demonstrates that BOMs and rountings are Improper, or maybe the estimate to the plan is away from day - these are generally manufacturing Management issues not a postable FI entry.
This credit score would Internet the purchase down to your planned variance, or to zero. a minimum of the balance around the order.
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CO88 is used for collective processing of manufacturing order and processing orders. we may also shedule the settlement procedure for mass processing of settling the orders.
CO88 posts the particular balance of your buy that is the distinction between true debit and credits to an order. If the overall real Price tag is currently being posted as variance, then (1 rationale is) no shipping was made which might post an genuine credit from the order plus the status is TECO.
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