Settling the Product Cost Collector 

Use

In this process, you offset the cost collector against the inventory. That means that the WIP and variances (including overheads) are posted to financial accounting. This data is then reflected in your profit and loss statement so that you have a true picture of the cost of your product. The production cost, calculated when you backflushed the goods, are reduced by the WIP and scrap, whereas the variances are added to these costs.

Procedure

  1. Call up the transaction as follows:
    2.

    Menu Path

    Logistics ® Production ® Repetitive Manufacturing ® Environment ® Period-End Closing for Product Cost Collector ® Settlement ® Individual Processing

    Transaction Code

    KK87, FB03

  2. Enter the following data:
    3.

    Field

    Europe

    North America

    Material

    C-1113

    C-1113

    Plant

    1200

    3200

    Settlement period

    Current period

    Current period

    Fiscal year

    Current year

    Current year

    Test run

    Deselect

    Deselect

    Detailed lists

    Select

    Select

  3. Choose the input help for the field Production process number.

    4. Production version 0001 appears.

  4. Choose .
  5. Choose .
  6. Select the order number and choose Accounting Documents.
  7. Make a note of the FI-SL document number.
  8. Choose Accounting document.

    9. The first half of the accounting document contains the variances posted in FI, the second half contains the WIP.

  9. Choose .
  10. Choose .
  11. Choose until the overview tree appears.
  12. Switch to your second session.