Difference between Full settlement & periodic settlement

What is Difference between Full settlement & periodic settlement, & how these works works on orders. Can anyone tell me that how can I check result for the same. (Kindly mention t-codes also)
Regards.....Kaushal

Hi,
Please find below some salient features of each os the settlement type you have asked for:
1. Periodic settlement -
a) Will have Product cost collector as cost object (both REM and Descrete scenarios)
b) WIP and scrap variances are based on Target costs
c) Variances are recognized in the month in which they are actually incurred based on the target costs. Varainces = Total costs - GR - Target WIP
d) Default rule in OPL8 should be periodic settlement
2. Full Settlement
a) Manufacturing orders will be costs objects
b) WIP will be at actuals. WIP = Total costs - GR value
c) Varainces will be recognised only when the order is fully delivered. till that time though there are variances, they will not be recognized but will be included in WIP value. This is the key aspect of Full Settlement
d) Default Rule in OPL8 would be full settlement
T.codes relevant:
KSV5     Run dist cycle
KSU5     Run assessment cycle
KSUB     Run assessment cycle
KEU5     Run COPA assessment cyle
KKA0     Change Cutoff Period for WIP
KKAS/KKAX     WIP - Individual Processing
KKAO     WIP - Collective Processing
KKS6/KKS2     Variance Calculation - Individual
KKS5/KKS1     Variance Calculation - Collective
KK87/KO88     Settlement - Individual
CO88     Settlement - collective
*For Sale Order controlling     *
KKA3     Execute Result Analysis - Individual
KKAK     Execute Result Analysis - Collective
VA88     Sale Order Settlement
Best Regards
surya

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