Difference B/W TECO (Technically Closed) and Business Closed.

Hi,
I want knw the differnce B/w the technically Completeion of PM  order and Business Completion.
The difference i understood is that TECO status is set to system after all the Technical work is over, that means when no technical  work is pending bt still the order is able to recieve the Cost by material consumption agaisnt the order.
Business Completion is done when all the Cost incurred by the PM order is settled agaisnt the Settlement Recieverdefined by the settlement rule and after Business Completion (CLSD) status is set PM order is not able to recieve any cost from the material consumption.
This Correct or wrong?
Some People say TECO is automatically set by the system when he found any error at the time of the Business Completion.
Kindly suggest.
Thanks in Advance

Hi ,
" The difference i understood is that TECO status is set to system after all the Technical work is over, that means when no technical work is pending bt still the order is able to recieve the Cost by material consumption agaisnt the order."
You can post confirmations, Service Entry Sheet, receive non-stock material against MO thus posting actual costs .. once TECO is done any deletion flag would be set to any open reservations/PR for which PO is not created / Unused capacties will be cancelled..
Normally when you get any errors while doing Business Completion then these mite be some of the reasons :
1. Any PO is left out for final delivery of material is left out or invoice is pending .. normally for these type issue you get warnings but still you can close the MO .
2. Any unprocessed cost in MO like when activity type does not have any rate and still you do confirmation then actual hrs will be posted to MO but actual costs related to that will not be posted to MO , under that cases you can remove such errors using Tcode COFC ..
3. Other cases if you have any user status in your system that stops CLSD ..
The statement which you mentioned is not true ..
regrds
pushpa

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