Need help on CO Closing Activities

[Former Member]

Hi All,

Please help me  on CO Closing Activity procedure for with ML w/o ML.

Thanks

Bhaskar K

[former_member224713]

Hi Bhaskar K,

CO closing activities re-valuates your raw material, semi finished goods, finished goods etc.

In this process we allocate all expenses posted in cost center to material.

Calculate variance between standard activity and actual activity.

Settle the production order, cost collector order.

Calculate variance between standard activity and actual activity.

ML keeps all track of each movement in material master happens.

Thanks

Raj Kumar