Prerequisite

PF1  WP1 Worldwide

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. 

   
Monthly Closing process

Area: Perform Costing Monthly Closing

previous Operation(s):

Rules & Glossary: Costing - Rules Costing - Glossary Costing - SAP Operation

Guideline

During the month several costs have been posted in PM orders that have an impact on the profit & loss statement and on the balance sheet for fixed assets. At this stage the settlement of these costs should be done under this Operation in order to ensure that all PM orders are settled properly at the month end.

 

 

If there are messages, inform the local PM contact that must solve the problem

Once the local PM contact informs that the problem was solved, the settlement must be performed again

 

If some orders are not settled, a deeper analysis must be performed.

If necessary orders must be settled again (it can also be done individually if there are few orders with KO88 - Individual orders settlement)

If all PM order have been settled (all have zero balance) means that this operation was successfully done.

Reference

 

Next Operation(s):

The settlement of WBS can be initiated. Refer to Operation 005