CO : Under/overabsorption Accounting in costing

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Posted by [IP Address: 207.241.181.27] 'Venkat Kota' on September 19, 2001 at 06:41:36 EST:

Hi folks,

how to close cost centers - cost elements monthly ? (ie. Once the actual postings are done in Costing , how to do close the variance accounts in costing ? )

In CO, actual postings ( TR.Code : kss1 ) there is a period-end closing procedure for variance. i can also execute it. But i am not sure which accounts it updates and if i want to define my own accounts where do i do it ?

Is the above procedure sufficient to address my issue.

Your valuable inputs are reqd ?

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Re: CO : Under/overabsorption Accounting in costing Alex 07:02:23 9/20/01 EST (0)

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Message: : Hi folks, : how to close cost centers - cost elements monthly ? (ie. Once the actual postings are done in Costing , how to do close the variance accounts in costing ? ) : In CO, actual postings ( TR.Code : kss1 ) there is a period-end closing procedure for variance. i can also execute it. But i am not sure which accounts it updates and if i want to define my own accounts where do i do it ? : Is the above procedure sufficient to address my issue. : Your valuable inputs are reqd ?