Ko 88 Run Order Settin d

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Work Instruction

KO88 Run Actual Order Settlement - Individual

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Purpose

Use this procedure to settle internal order cost and revenue postings for a single internal order.

Trigger

Perform this procedure when you need to settle actual costs (or revenues) for a single internal order.

Note: Internal Order settlement is a part of the month-end scheduled tasks carried out by Central

Accounting. Corrections or adjustments on the settlement for a single internal order may require thistransaction. Furthermore, late postings of actual costs to internal orders (after the month-end is closed)may require an additional run of the settlement process for those internal orders.

Prerequisites

Settlement rule is defined for the order.

Actual costs are posted (otherwise, a report with "No list" is generated).

The internal order is relevant for settlement process.

The internal order shoud be either in REL - Released or TECO - Technically Complete status.

Menu Path

N/A

Transaction Code

KO88

Helpful Hints

R/O/C column in tables represents Required, Optional, or Conditional entry.

Always conduct a Test Runto verify the posting and amounts before running the actualsettlement.

You may reverse a settlement using this same transaction. Instead of completing Step 6, usethe menu path: Settlement Reverse.

Only the last settlement performed for a sender may be reversed.o If you have settled a sender more than once within a period, you must also reverse

those settlements one by one. To do so, first reverse the last settlement for theperiod, then the second-to-last, and so on.

o If, within a given period, you want to reverse a settlement from a previousperiod, reverse the subsequent settlements first.

Example: You are in Period 6 and you want to reverse the settlement for


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settlement for Period 5.


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Procedure

1. Start the transaction using the menu path or transaction code. TheActual Settlement: Orderscreendisplays.

Actual Settlement: Order

2. As required, complete/review the following fields:

Field R/O/C Description

Order RSales, billing, purchase, internal, or work order number thatuniquely identifies an object.

Example:7PK07LAWN101


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Settlement period RThe dates between which business events are to beposted. On internal order processing, accounting periods tobe settled.

Example:02

Fiscal Year RThe fiscal year for which this transaction is relevant.

Example:2008

3. Click Processing typecombo box . A drop-down list displays.

4. Select 1 Automatic .

5. Ensure Test Run check box is checked.

Always conduct a test run to verify the settlement before actually executing.

6. Click Execute (F8) . TheActual Settlement: Order Basic listscreen displays.


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Actual Settlement: Order Basic list

7. Click Detail lists . TheActual Settlement: Order Detail listscreen displays.


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Actual Settlement: Order Detail list

8. As required, complete/review the following fields:


Senders RThe cost object from which costs are allocated. Examples

include cost centers, internal orders, etc. Rules areestablished to identify how costs are allocated, either byfixed rates, fixed amounts, or posted amounts.

Example:ORD 7PK07LAWN101

9. Click Sender . TheActual Settlement: Order Sender debitsscreen displays.


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Actual Settlement: Order Sender debits

10.Click Back (F3) to return to theActual Settlement: Order Detail listscreen.


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11. Click Receiver . TheActual Settlement: Order Receiver debitsscreen displays.


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13.Click Back (F3) . TheActual Settlement: Order Basic listscreen displays.


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14.Click Back . TheActual Settlement: Orderscreen displays.


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Actual Settlement: Order

15. Uncheck Test Runcheck box.

16. Click Execute (F8) . TheActual Settlement: Order Basic listscreen displays.


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17. Click Detail lists . TheActual Settlement: Order Detail listscreen displays.


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Result

You have successfully performed the settlement run for a single interanl order.

Documents

Ko 88 Run Order Settin d