Posted by [IP Address: 203.76.3.153] 'Alex' on September 20, 2001 at 07:02:23 EST:
In Reply to: CO : Under/overabsorption Accounting in costing posted by [IP Address: 203.76.3.153] 'Venkat Kota' on September 19, 2001 at 06:41:36 EST:
Hi,
...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 ? ...
IMHO, the answers may be different, depend on what modules are implemented, which functionality in CO is used, how CO and MM/SD/PP are integrated. In simplest case - if you use only FI/CO-CCA functionality, your variances on C.Centers occures because of different plan/actual prices for internal activities, or as roundings after indirect cost allocations. You may send these var. to some internal orders, and then settle orders to G/L accounts (you can iclude in settlement rule business areas, so for FI reporting it will be as well more or less acceptable). If you use CO-PC functionality - your variances will be collected on production orders and settled to price differences G/L account(s) (if FGs have "S" price indicator), or to stock B/S account(s) (if FGs have "V" indicator) .
Tr. Codes for variance calculation - it lets you analise variances, but will not help send them to FI.
Alex...