Categorize Required Field Settlement For Free

You can maintain a settlement profile in system. Step 1 ? Use the T-code: OKO7 or navigate to SPRO ? IMG ? Controlling ? Internal Orders ? Actual Postings ? Settlement ? Maintain settlement profiles. Step 2 ? In the next window, select maintain settlement profiles and click Choose.

If you want to change a distribution rule that has already been used in a settlement run, you have the following options: If you want to settle to a different receiver in the next period, you can delete the distribution rule and create a new distribution rule for the new receiver.

ADVERTISEMENT. In a project, you collect cost and revenues temporarily and they have to settle as part of period end processing. You need a settlement profile stored in project profile or network type, which determines whether settlement is required, allowed, or blocked.

The settlement rule includes one or more distribution rules for the production order. The distribution rule consists of a cost receiver, a settlement share and a settlement type: The settlement receiver determines to which cost object the actual costs of the production order are to be settled.

You use a settlement rule to define how the costs incurred by the execution of maintenance work are cleared on a pro rata basis. Different settlement receivers are available for the settlement of an order.

You can settle a project to different cost objects, for example, to an asset, a cost center, or a sales order. You use the settlement rule to determine to whom and how the costs or revenues incurred for the WBS element are settled.

Settlement is nothing but you are settling the variances of a production order. The variance is nothing but the difference between the planned and actual values of raw materials,activities etc. The difference will be settled to the production variance accounts.