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. Use
How is the settlement rule generated?
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 are the possible settlement rule related tables in SAP?
Here is a list of possible Settlement rule related tables in SAP. You will get more details about each SAP table by clicking on the table name. Table for Temp. CH Settlement Stats Final Settlement Information Table for DSD Route Settlement: Settlement Office Determ. for Shipm. What is SAP ?
How do I make a percentage settlement?
Settlement is made depending on the settlement rule created. You can create distribution rules with either percentages, equivalence numbers or amounts. In the settlement profile, you need to specify whether fields (such as for the amount in the rule) are ready for input.
What cost objects in SAP require settlement?
This question was posed specifically about project systems, but this applies to all cost objects in SAP that require settlement: Production orders, process orders, sales orders, and internal orders. To learn more about settlement rules and other SAP FICO topics please visit our new SAP FICO Learning Center please click here.
How do you create a settlement rule in SAP PM?
ProcedureChoose 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.
Where is settlement rule in SAP?
The system automatically assigns a settlement rule to the production order when the order is created. The assignment is carried out via the default rule defined in Customizing. The settlement rule includes one or more distribution rules for the production order.
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....
How do you determine a settlement rule?
Go to CNS41/CN41. Select the WBS Element for which you want to see the settlement rules. Then Click on the Settlement Rule button. This will dispaly all the settlement receivers.
What is meant by settlement 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 I change the settlement rule in SAP?
Once a settlement receiver has been used in a settlement SAPgui will not allow it to be deleted from the settlement rule. To make the change, put an end date on that settlement rule (To Period / To Fiscal Year fields) and create a second rule using the new receiver, including the From Period / From Fiscal Year fields.
What is order settlement?
Use. 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).
How do you settle a work order in SAP?
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...•
How do you close a PM order in SAP?
There are several PM orders having the system status 'TECO' or 'CLSD' that i need to mark for deletion. However when i use tcode IW32 in order to set the deletion flag - I get a message 'Notification is complete - Order cannot be changed'.
How do you maintain settlement rule in WBS?
Detailed procedureClick 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 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 you settle WBS to AUC in SAP?
Following are the steps for Automatic creation of AUC.Asset Class (FI)Investment profile (FI)Assignment of Investment profile by PS team (PS)Creation of settlement Profile (FI)Assignment of Settlement Profile to company code (FI)Creation of Allocation structure.More items...•
How do you maintain the settlement rule of the sender?
Either the settlement rule for the sender does not exist, or it is incomplete. The settlement type corresponds to the rule for the specified settlement type. Settlement type FUL -> The system selects all rules with the FUL and PER settlement types.
How do you create a distribution rule in SAP?
You can define Distribution rule in Modules > Financials > Cost Accounting >Distribution Rules. By using distribution rule, you can divide expense in to different cost centers in single dimension. If you don't use distribution rule , you may need to select single cost center for 1 expense.
What is SAP allocation structure?
An allocation structure comprises one or several settlement assignments. An assignment shows which costs (origin: cost element groups from debit cost elements) are to be settled to which receiver type (for example, cost center, order, and so on).
What is settlement rule?
The settlement rule contains the settlement parameters as well as the distribution rules. Distribution rules contain the settlement receivers, settlement shares and settlement type. They can contain a source assignment. 1.
How does SAP note 330001 work?
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. The amount settlement does not take place if there are no costs that need to be settled. Please see useful information in SAP note 50249.
What is the difference between a 100% per and a 100% Ful rule?
This means that all costs from the settlement period are settled using the PER rule, and the activity information for these costs are transferred thus to the receiver cost center. On the other hand, the FUL rule ensures that any subsequent costs that were settled to the past are also settled.
What is hierarchy settlement?
This means that a sender (that is also a receiver during this settlement) is processed according to the object settled to it. This is controlled by the hierarchy number in the settlement parameters.
What is external settlement?
External means that the settlement not only occurs in CO, but also triggers postings in Financial Accounting. You specify whether a receiver category can be entered in a distribution rule or not in the settlement profile. 2. Distribution Rules using Percentages, Equivalence Numbers and Amounts.
What happens if you enter 0%?
If you enter 0%, you can, however, force a different settlement. The following are examples of automatically created distribution rules: Production order: Settlement rule to material or sales order. The rule is created at the same time as the order.
What are distribution rules?
Distribution Rules using Percentages, Equivalence Numbers and Amounts. Settlement is made depending on the settlement rule created. You can create distribution rules with either percentages, equivalence numbers or amounts.
How often is a settlement job done?
Its depends upon the settlement job which is done manually or schedule batch job. Suppose you has created schedule batch job for PER and FUL both. And the schedule frequency of PER is weekly and schedule frequency of FUL is monthly.
When does the remaining cost of the maint order settle?
So the remaining cost of the maint order will settle when FUL settlement job will start. When FUL settlement jobs runs system checks all the Maint. Order which is created in this month and carry any cost which is not settled then this cost will settle through FUL settlement.
What happens if you compleate 100%?
If work is compleated 100% in one instant we will do the settlement rule in full, other wise if work is compleated half we will go for PER and remaining activity may be settelment rule other PER.
What is settlement profile?
The settlement profile is a prerequisite for settlement process flow.
What does "to be settled in full" mean?
To be settled in full – Object needs to be with value 0, before close status or deletion flag. Can be settled – Only warning message, when Object is set to close status or deletion flag, if the balance, not 0.
Can choose be settled?
Choose ” can be settled “ – Can include receiver in settlement rule. Choose ” Must be settled “ – Must include receiver in one settlement rule at least. Allocation structure – Used to Allocate cost posted/incurred on a sender by cost element or cost element group.
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 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.
Settlement Receivers
Distribution Rules Using Percentages, Equivalence Numbers and Amounts
Per and Ful Rules
- You need to assign a settlement type (PER for periodic settlement and FUL for full settlement) to each distribution rule. When you manually create a settlement rule, the system defaults the settlement types depending on the receiver category. The default value cannot be entered without making modifications. You can create PER and FUL rules at the same time. For the effects of th…
Settlement Parameters
- The settlement parameters are used to control sender settlement. Listed in the settlement parameters 1. Description (not used) 2. Settlement profile The default value for the settlement profile is taken from the order type for orders and networks, from the project profile for WBS elements, from the requirements class for sales orders and from the cost object type for general …
Source Assignments
- If a sender has a source structure in the settlement parameters, then you can create settlement rules for each source assignment. This enables costs and revenues to be settled to various receivers separately, for example.
Generated Settlement Rules
- There are a lot of object types (including production orders and sales orders) where it is not feasible for the user to create a settlement rule manually. For this reason, the system generates the settlement rules automatically at certain times. The settlement rule for production orders mainly determines the business behavior of the production order. Therefore, the automatically g…