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 Period-End Closing for General Cost Objects: Scenario Locate this document in the navigation structure


Caution Caution

If you update quantities and values separately in Materials Management (MM), make sure that all quantity movements are valuated before you run the period-end closing transactions.

For information on separate update of values and quantities, and on the resulting constraints (also with reference to Cost Object Controlling ), refer to the release note Separation of Value Calculation from Goods Movements for Release 4.6A, and to the program documentation for program RM07MWBU Valuation of Goods Movements (program documentation can be accessed for example with transaction SE38).

End of the caution.

Process Flow

You can use the Schedule Manager in the period-end closing for general cost objects. The Schedule Manager simplifies the period-end closing process. In Costs for Intangible Goods and Services , you can use the multilevel worklist of the Schedule Manager . The multilevel worklist can significantly improve performance and facilitate error correction.

Multilevel worklists enable you to do such things as:

  • Display the objects in a processing step sequence that have errors

Note Note

Each function in the period-end closing process is regarded as a separate processing step. A group of processing steps that are performed one after the other is called a processing step sequence .

End of the note.
  • Eliminate the cause of the error, or set a processing status that instructs the system to skip that particular processing step

  • Instruct the system to perform a particular processing step sequence again (once you have corrected the errors or set processing statuses that control how objects are further processed)

The system then only processes the objects that had errors and the objects whose processing was forced manually.

The following section contains information on using the Schedule Manager in connection with a multilevel worklist: Starting Transactions/Reports Online, Scheduling Jobs and Job Chains, Worklist

The following activities may be included in the period-end closing process of the Costs for Intangible Goods and Services component:

  1. Transfer of actual key figures from the Logistics Information System (LIS)

  2. In addition to the planning data, statistical key figures in the Logistics Information System can also be used for actual data. Transfer of statistical key figures from the LIS is only possible for general cost objects that have a periodic time base.

  3. You perform template allocation.

  4. Revaluation of activity types and business processes at actual prices

  5. The activity types performed at a cost center and the allocated business processes are initially valuated with the planned prices of the activity type. You can revaluate the activity types on the basis of the actual costs charged to the cost center or business process. The difference between the planned prices and the actual prices is then applied to the cost objects (such as general cost objects).

  6. You calculate percentage or quantity-based overhead on the basis of the actual costs incurred to date.

You can calculate overhead for all the general cost objects that have:

  • A cost object category allowing overhead calculation

  • A valid costing sheet and, in some cases, a valid overhead key

The system calculates overhead on the basis of the actual costs incurred to date and updates them on the general cost object under secondary cost elements.

  1. You settle the general cost object.

The settlement process settles the actual costs posted to the general cost object to a profitability segment or G/L account.

After settlement, you can display debit postings (for goods issues, G/L account postings, and so on) and credit postings for settlement in the Information System.

See also:

For detailed information on revaluating activities with actual activity prices, see the following section:

Revaluation at Actual Prices

See also:

For more information on LO-LIS, see the document LO Logistics General .