SAP PS - Settlement Profile
- − Use the T-code: OKO7 or navigate to SPRO → IMG → Controlling → Internal Orders → Actual Postings → Settlement → Maintain settlement profiles.
- − In the next window, select maintain settlement profiles and click Choose.
- − To create a new settlement profile, click New Entries in the Settlement profile overview window.
- Settlement profile − Enter unique ID that identifies the settlement profile in system and description.
- − Once you enter all the fields, click the save button at the top.
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.
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.
How do I create a settlement receiver in SAP?
Creating a Settlement RuleChoose Settlement rule in the master data maintenance for the relevant sender object. ... You maintain settlement rules in Customizing under Controlling Internal Orders Actual Postings Settlement Maintain Settlement Profiles .Choose Edit New rule or enter the value directly.
How do I find my settlement details in SAP?
use T-code KKBC_ORD to view the process order line items, double-click the settlement line item(s) for detailed information. Or go to KO88 / Go to / previous settlement for detailed information.
What is PM order settlement in SAP?
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 of production order in SAP?
When a production order is settled, the actual costs incurred for the order are settled to one or more receiver cost-objects (for example, to the account for the material produced or to a sales order).
What is KO88 in SAP?
KO88 is a transaction to settle the Order (Production order, Internal order, QM order, PM order, etc). In case of Production order, if there is any balance lying in the order, it would be on account of WIP or variances.
How do I settle an internal order?
Settlement of Internal Orders Tutorial: KO02 & KO88 in SAPStep 1) Enter Transaction Code KO02 in the SAP Command Field.Step 2) In the next screen , Enter the Internal Order for which settlement is to be done.Step 3) In the next screen , Select the Settlement Rule Button from the Application Toolbar.More items...•
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).
How do I settle a maintenance order in SAP?
Creating an Order with Reference and Creating a Follow-On Order.Working with Operation Data in the Order.Analyzing Costs.Changing the System Status in the Order.Changing the User Status in the Order.Document Assignments in Maintenance Orders.Settle the Maintenance Order.Relationships on the Web UI.More items...
How do I view work orders in SAP?
To View a Single Work Order To look up a specific work order, use transaction IW39. In the Order status box, check the Outstanding, In Process and Completed boxes. In the Order selection box, put the work order number in the Order field and click on the execute button. This will take you straight to the work order.
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.
Where is the settlement rule saved?
The settlement rule is saved in the COBRA and COBRB tables. COBRA contains the settlement parameters and COBRB contains the settlement rule.
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.
Does settlement require programming?
This article deals with ways of analyzing settlement, which do not require debugging or programming skills and provides an extensive explanation of the settlement results.
What is settlement assignment?
The settlement assignment is a grouping of cost elements or cost element groups that should be treated in the same way during the settlement . Settlement by Cost Element: During settlement by cost element, the system settles each debit again with the source cost element.
Can you settle by cost element?
There are some conditions under which it is not possible to settle by cost element to a Cost Centre. One of these is when the original debit is a secondary cost, for example, for internal activity allocation. The reason is that there is no corresponding expense account for secondary costs.
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.
Overview
Searching For SAP Notes / Knowledge Base Articles
- 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 fiv...
Previous Settlements
- On the initial screen for settlement, you can display the previous settlements for a sender by choosing "Goto -> Previous settlements". This shows you the detailed procedure in which the sender was settled, which debits were made for each settlement, and how these debits were distributed to the receivers. You can also go to the accounting documents that were created fro…
The Flow Trace
- 3.1 General Introduction to The Flow Trace
From Release 4.0 it is possible to write a flow trace for a single settlement. 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 … - 3.2 Example 1: Settlement of a Production Order with Status REL
When you settle production order 60003641 the flow trace provides the following information: Initially the flow trace shows which sender was processed, in this case order 60003641. Then the settlement rule is read in three steps: 1. Determine settlement transactions 2. Distribution rule 3…
Report RKACSHOW
- SAP note 28145provides an overview of the use of the technical validation report RKACSHOW. The following explains how the report can be used especially for settlement.
Report Rka_Settle_Tables_Compare
- You can analyze the tables that are relevant to settlement using the RKACSHOW report. A typical analysis would include the debits on the sender, the settled values, and the settlement documents. 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. …
Related SAP Notes/Kbas
- SAP KBA 2172375- How we search [Video] SAP note 373685- Information: Previous settlements SAP note 28145- Using technical inspection report RKACSHOW SAP note 2825861- Performance of CO88: Settlement to material without exclusive lock SAP note 2750967- Parallel settlement to asset and material SAP note 2865587- Parallel settlement to asset and material - corrections