Cost elements for WIP (TCODE : OKGA)
Hi All,
I am working with Production Order wip calculation, varaince and settlement.
In the RA key configuraion,(for WIP calculation)In OKGA, tcode we define, the cost elements for a perticular line id, for WIP calculation.
I wanted to know, what is the purpose of these two cost elements.
If I execute line item report, I dont see any value on these cost elements, after wip calc and settlement.
However, I see the work in process on it, in the layout. I want to know, the exact purpose of these cost elements assignment.
Is there any internal controlling document that is getting posted?
Regards
SR
Hi Swastik,
Those cost elements (category 31) are used to calculate and store WIP values at the detailed level of so called line IDs.
Line IDs are groups of cost elements that were posted to production order.
For example you can calculate and store WIP separately for Raw Materials, Semis, Activities and overhead.
You can also settle them to different GL Accounts via mapping in txn.OKG8.
Hope it helps,
Szymon
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thanks in advanceHello
Please review the below information regarding cost elements category 90 : Financial Accounting Balance Sheet Accounts
Category 90 is automatically assigned when you create cost elements in CO whose general ledger accounts in FI are asset reconciliation accounts
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Edited by: Pixel8 ation on Aug 3, 2010 5:16 PMHi,
Sorry, I probably confused things by mentioning Revenue. Your settings are correct, with Revenue defined as a revenue element (11) rather than a cost element (1).
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