Process: Monthly costing and cost accounting closing  

Responsibility area: Perform Costing Monthly Closing

Finance Site SBS:

SU MAC processes  the settlements of the three items below respecting the given time table:

  • PM-orders,
  • WBS-elements,
  • CO-orders, 

The processing includes dealing with the generated messages. SU MAC investigates the reasons for error messages, looks for modifications and corrections if possible, and restarts settlements if needed.

  • If an error blocks further processing and cannot be solved by SU MAC, the issue must be communicated to a contact in the area of plant maintenance.
  • After having received the solution and corrections, SU MAC acts by launching a second time the corresponding transactions.
  • Furthermore, SU MAC checks if the orders and the WBS treated in this procedure are completely settled.

Responsibilities of other functions:

  • The processing of PM-orders and WBS-elements for maintenance and fixed asset operations can lead to a result with technical errors.
  • In this case SU MAC must contact the local plant maintenance team, which is responsible for making the necessary corrections


Based on group core rules, all costs for maintenance and investment for fixed assets must be posted on special orders, created in the module of plant maintenance (PM). The cost of the orders are allocated to define maintenance and investment projects, created in the project system and defined in a hierarchy – work breakdown structure (WBS), where actual and budget figures can be compared. 



Scope
 

WP2
PF2

Frequency
 
References

Attachments

N/A

  Guideline  

 All internal and PM orders should be settled as explained in I settle internal Orders and PM orders.

 

 If all WBS have been settled (all have zero balance) means that this procedure was successfully done.