SAP note 330001 describes how amount settlement works, providing detailed examples. The main theory of amount settlement is that the amount to be settled (from the distribution rule) is proportionately deducted from incurred costs. The rest is distributed to the receivers of the percentage rules.
What are structures in SAP?
Structures in SAP HR: Personnel Structure
- Employee Group. Employee groups represent a primary classification of employees. ...
- Employee Subgroup. This is a subdivision of an Employee Group. ...
- An Example. Assume that Company 1 has the following categories of employees – Top management, Management, Executives and Trainees.
- Payroll Area. ...
- Organizational Key. ...
What is client in SAP Basis?
What is Client in SAP
- Every SAP user’s access and authorizations must assigned to the SAP client on which client users are working.
- It is used to differentiate between development, quality and product system within the same or different server
- The data entered at client level is valid for all organizational units.
What is for all entries Statement in SAP ABAP?
When we fetch the data from multiple tables, SELECT FOR ALL ENTRIES is the best alternative for SELECT WITH JOINS in SAP ABAP. It reduces the database load. SELECT <Fields> From <DT> into table <Itab2> FOR ALL ENTRIES IN <itab1> WHERE <KF> = <ITAB>-<KF>. 'FOR ALL ENTRIES' is the addition of a select statement.
What is SAP cash application?
SAP Cash Application is a bundle of cloud microservices to automate and simplify the order-to-cash process in accounts receivable accounting with machine learning intelligence. SAP Cash Application helps reduce manual post-processing of incoming bank statements by applying machine learning intelligence to match open receivables to incoming bank ...
What is settlement process in SAP?
Settlement is the process where the actual costs incurred for a WBS element, network, or activity are allocated, in whole or in part, to one or more receivers. In the process, offset entries crediting the project are generated automatically. The debit postings remain in the receivers after settlement.
How do you run a settlement in SAP?
ProcedureIn the commission system, choose Tools -> Periodic Processing -> Settlement.Enter the following data: Contract number : If you have not entered a contract, all contracts are settled. Settlement type : Choose a settlement type to which no reserve type is assigned. Key date for which the calculation is to run.
Where is the settlement rule in SAP?
The assigned settlement rule is displayed on the Maintain Settlement Rule: Overview screen. You can change this and save additional data for the settlement rule in the detail data.
What is actual settlement SAP?
In the SAP System, WIP must be calculated at the end of the period and is posted with the settlement. If an order has been completed, that is, finally delivered or technically completed, then the WIP is broken down again, and the actual costs of the object are settled to the receiver specified by the settlement rule.
What is a settlement run?
A Planned Settlement Run is a complete determination of all charges related to all Supply Points which are registered within the central system (CMOS) for each Invoice Period (a full calendar month from the first up to and including the last day of the month).
What is CJ88 used for in SAP?
CJ88 is a transaction code in SAP CO application with the description — Settle Projects and Networks.
How do you maintain settlement rules?
If a settlement rule does not yet exist for the order, you must first specify whether you want to maintain the settlement rule with or without the system proposal for the distribution rule. A screen appears where you can maintain the settlement rule.
Why settlement is important in SAP PM?
PM orders are only the Cost collectors. So, the costs collected in the Order has to be settled finally to one of the Cost object. The cost object is decided based on the business requirement. It can be a Cost center or WBSE or Settlement order or G/L....
What is settlement receiver in SAP?
Definition. Receiver of the costs which arise from the processing of an order. The receiver of the costs is identified by the receiver category (for example, "cost center") and the receiver key (for example, "511"). Use.
How do I change the settlement rule in SAP?
Click the Settlement Rule button in the menu. Click in the Cat (Category) field and choose WBS element in the Maintain Settlement Rule: Overview screen. Enter the relevant project WBS element in the Settlement Receiver field. Click Back to return to the Change WBS Element: Basic Data screen.
What is settlement rule in SAP PS?
Settlement Rule (SAP Library - Plant Maintenance (PM)) Settlement Rule. Definition. Defines what proportion of the costs on a sender should be settled to which receiver(s). For this, one or more distribution rules are assigned to each settlement sender.
How do you create a settlement rule in WBS in SAP?
you can also create a settlement rule using T-code CJ88 and put the Project definition or WBS element, Period and posting date. AUC will automatically create against WBS. You can also create it manually by selecting the WBS element then Press CTRL+F3 by keyboard and put the requirement entry, your auc will create.
How do I create asset settlement rule in SAP?
ProcedureChoose Settlement rule in the master data maintenance for the relevant sender object. The screen Maintain Settlement Rule: Overview screen appears. ... Choose Edit New Rule. or enter the value directly. ... Specify the settlement type for each distribution rule. Note.
What are the uses of settlement?
Settlement of work in progress. Settlement of variances .
What is the first type of settlement?
The first type of settlement is the classical settlement of actual costs. This is the settlement of actual costs that were incurred on the sender. These are settled to the receiver specified in the settlement rule.
What is a settlement of variance?
When variances are settled, they are settled to costing-based profitability analysis as variance categories. This type of settlement is not to be confused with settlement of price differences to FI, which takes place at the same time, but independently of the variance settlement. There is often confusion with this, as the total of the price differences is of course the same as that of the variance total. The settlement to FI is a pure actual cost settlement to material. The settlement to CO-PA is a settlement of the variance categories (determined in the variance calculation) to the different value fields in CO-PA.
What is SAP note 35507?
SAP note 35507 contains the prerequisites for variance settlement.
What is a sender in results analysis?
Senders that have results analysis keys and revenues (sales orders, billing elements and orders with revenue indicators) are part of the results analysis, and settle the resulting data.
When is WIP calculated in SAP?
In the SAP System, WIP must be calculated at the end of the period and is posted with the settlement. If an order has been completed, that is, finally delivered or technically completed, then the WIP is broken down again, and the actual costs of the object are settled to the receiver specified by the settlement rule.
When are variances calculated for a settlement?
The variances for objects that have FUL settlement are only calculated once the object has been finally delivered or is technically completed. The variances for objects that have PER settlement are calculated periodically.
Condition Contract
This is a very important part of Settlement Management. Condition Contract allows to store all information related to an agreement, such as parent customer, eligible partner and contract conditions. It also contains important information, such as prices and the validity of the agreement.
Getting Started
The configuration of Condition Contract Management comprises of three main steps:
Conclusion and Key Takeaways
Condition contract management provides central, standardised solution for the administration of supplier and customer conditions.
What is settlement profile configuration?
The settlement profile configuration determines if the order is settled in full, can be settled, or not, what receivers are valid , what allocation structure is relevant, along with many other settings. This is the key piece of settlement configuration that links together other elements like the allocation structure. A different settlement rule is generally required for each cost object.
What is settlement rule?
The settlement rule is generated based on the settlement profile assigned to that order type. The settlement profile configuration determines if the order is settled in full, can be settled, or not, what receivers are valid, what allocation structure is relevant, along with many other settings.
What is allocation structure?
The allocation structure determines what source cost elements are posted to what settlement cost centers. For example, you can group together material costs to see them separately from labor costs and service costs. You can also settle those costs to different settlement cost elements to have more visibility to that level of detail during settlement.
How to analyze tables relevant to settlement?
The RKA_SETTLE_TABLES_COMPARE analysis report has especially been developed for settlement. This report displays tables relevant to settlement as well as additional functions. To analyze an object, you start it by entering its object number (OBJNR). This object number can be easily found by starting report RKACSHOW for the CO object. It is displayed in the header of RKACSHOW.
What does "+" mean in a system?
The result of this check is "+", which means that actual costs and revenues are to be settled.
Why is the debit indicator always empty?
This means therefore, that the totals records are added up and the data records are deducted in the report, regardless of the debit indicator.
How to write flow trace in KO88?
You can activate this in the initial screen menu in KO88 by choosing "Extras -> Activate flow trace". Once you have called up the settlement, you can see the basic list of the log. This provides a very good picture of the technical progress of the settlement and of possible errors in settlement Customizing. The log explains comprehensively why the settlement settled which costs and where. It is recommended that you use this function. It often enables you to search for errors successfully without debugging.
What does a settlement document show?
The settlement documents show which settlement was made for which amount, from which credit record. There are two display options for the analysis:
How to find SAP notes?
You can find relevant SAP notes and KBAs (knowledge base articles) for order settlement by using the component CO-PC-OBJ or CO-OM-OPA-F and the search term "Settlement", or by using transactions (such as KO88 or CO88). If you received an error message or a program termination, then this should be specified in the search. We recommend to use the five digit error code (e.g. "KD256" or "KD 256") or the report name (e.g. RKO7CO88).
What is the display of settlement documents?
The display is based on the settlement documents. All the settlement documents that are in the system are displayed for the object, regardless of the period. The total of all the documents is also displayed. If settlement documents have already been archived, then these costs are not included. The system issues a warning if this is the case.
How does a rebate work?
Within the rebate agreement you create separate condition records for each product the customer buys. These records specify the rebate amount or percentage for each product. You can also specify a pricing scale so that the customer can earn a better rebate by ordering more. Because rebates are always paid retroactively, the system keeps track of all billing documents (invoices, credit and debit memos) that are relevant for rebate processing. The system can, if you wish, automatically post accruals so that the accumulated value of a rebate is recorded for accounting purposes.
Why is the Vbox table removed from S/4?
The table VBOX itself has been done away with in S/4 HANA because the rebate conditions are applied instantly due to power of HANA. Hence Rebate Index need not be rebuild when new customers become eligible for rebates and previous business can be retroactively considered.
What is table vbox?
Answer. Table VBOX stores all rebate relevant invoices. The customer runs transaction VBOF to apply the rebate conditions in the invoices.
What is rebate in sales?
A rebate is a special discount which is paid retroactively to a customer. This discount is based on the customer’s sales volume over a specified time period. You define the details of the rebate in a rebate agreement. In the agreement you specify, for example. who receives the rebate payment.
What is the difference between CCM and rebate?
The general process in the CCM differs from the standard Rebate processing in the sense that there are no rebate Agreements at the first step. There are Condition contracts which need to be created and released. The steps for the same are explained in Step 8.
When is a rebate agreement settled?
A rebate agreement is finally settled when you issue a credit memo to the customer for the accumulated rebate total.
When to use condition contract settlement?
Therefore you use condition contract settlement if you are planning to create new rebate agreements before you upgrade to SAP S/4 HANA.
What is settlement profile?
You need a settlement profile stored in project profile or network type, which determines whether settlement is required, allowed, or blocked.
Can you use settlement profile to define actual costs?
As per the settings in the settlement profile, there is a need to settle the costs of an object in full before that object is achieved in the system. You can maintain a settlement profile in system.
Can you maintain a settlement profile in System?
You can maintain a settlement profile in system.
Settlement of Actual Costs
- The first type of settlement is the classical settlement of actual costs. This is the settlement of actual costs that were incurred on the sender. These are settled to the receiver specified in the settlement rule. KOAO is the business transaction for actual settlement. If it is selected, then the actual costs of the sender are settled to the recei...
Settlement of Work in Progress
- Senders that have a results analysis key and that cannot carry revenues can build up work in process. For example a production order with 100% FUL rules for settlement to material, or a WIP element. The business significance of the WIP calculation and the following settlement is to post WIP to Financial Accounting and to Profit Center Accounting. Material consumption is posted du…
Settlement of Variances
- Production orders, process orders, product cost collectors and cost objects can calculate variances and scrap using variance calculation. The business significance of this is to explain the variances between target and actual costs on the objects in terms of categories (input quantity variances, input price variances and so on). The settlement posts these variance categories to di…
Settlement of Cost of Sales/Sales Revenue
- Senders that have results analysis keys and revenues (sales orders, billing elements and orders with revenue indicators) are part of the results analysis, and settle the resulting data. The business significance of the results analysis is to smooth costs and revenues during the periods and to provide correct period results for profitability analysis. Example: In a customer project, on…