Complete Required Field Settlement For Free

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.

To enable the system to automatically generate a settlement rule for an internal order, you need to assign a strategy sequence to the order. You can display SAP defaulted strategy sequences in customizing, and if required, create a user-defined strategy sequence. You then assign the strategy sequence to an order type.

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).

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.

If CO-PA is active, the system generates a settlement rule when you create the sales order. The settlement rule determines whether data is settled to other objects or other areas in Controlling . In accordance with this settlement rule, the relevant data is settled to CO-PA.

Use. The settlement process allocates the actual costs incurred for a general cost object to one or more receiving objects (such as a profitability segment or cost center). This automatically generates one or more offsetting entries to credit the general cost object.

Settlement of Internal Orders Tutorial: KO02 & KO88 in SAP Step 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.