on 08-22-2007 12:11 PM
Dear experts
what is internal order ? for what purpose we r creating IO
I am waiting for ur reply
thanks in advance
Rams
Hi
There are many types of Internal orders.
1.Statistical Internal order: This IO is created to know/ track the details of a particular GL expense account.That is the break up of a Gl account can be seen through that IO.
2.Capital IO: for the Assets under construction, IOs are created where all the expenses are booked throu the GL accounts and the IO is settled when the Order is converted into asset.
3.Production Order:The production order is created for each batch of production and is settled when the production is over and throu the settlement of produciton orders in period end closing, the stock gets updated.
Hop this information is useful.
Regards
Vardhini
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Hi,
Find these links -
http://rapidshare.com/files/27424591/IOrder1.pdf.html
http://rapidshare.com/files/27424270/IO2.pdf.html
http://www.sap-topjobs.com/IOrder1.pdf
Regards,
Murali
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hi
internal order is an order which is defined for analyzing cost for a particular event.for example: if i want to analize the cost for particular party arranged in the company we can go for internal order so that you can analize cost as over all cost as well cost for that particular event at the same time and it will be settled at the month end by settlement profile by departmental wise.
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If want to estimated the cost from a Similar Type of Expenditure.i.e Telephone exp and petrol exp. In that case we has been treated as one type of cost is booked one type of Internal order.
Assign the points if useful
ram
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Hi
Internal orders are used for particular task.Ex: any sponsership etc all the expenses relating to that will be posted to internal order and settle at the end of the task.
we have statistical orders and real orders
additional information
1) An internal order is created for the capital project by the controlling
department.
2) When the internal order is saved, automatically an asset under
construction is created for Factory warehouse.
3) The Internal order is allocated the budget of 50,000 USD.
4) Purchase orders are raised by the purchase department for the
purchase of various materials for the construction of warehouse.
5) Purchase department will refer this internal order (investment order),
while creating the purchase order.
6) System will check the purchase order value against the Internal order
budget. In configuration we define whether the system should give an
error message or a warning message if the purchase order exceeds
the budget.
7) Goods receipts are posted against the purchase order. This results in
the internal order being debited with the values of purchases.
😎 Thus various expenses incurred for the capital project during the month
are posted to the internal order.
9) At the month end the cost from the internal order is settled to the Asset
under construction.
10) This process of debiting expense to internal order happens every
month until the Warehouse is constructed.
SAP INTERNAL ORDER CONFIGURATION Part (III)
Page 4 of 49
11) When the final Factory warehouse is ready all the costs from Asset
under construction is settled to the Final asset called as Factory
Warehouse
12) Any remain unutilized budget will be returned.
From configuration perspective on settlement, the following are important steps:
1. Maintain allocation structure (path -IMG à Investment Management à Internal Orders as Investment Measures
à Settlement Maintain Allocation Structures) An Allocation structure comprises one or several settlement assignments. An
assignment shows which costs (origin: cost element groups) are to be settled
to which receiver type (e.g. cost center, order and so on)
2.Maintain Settlement Profile
IMG a Investment Management a Internal Orders as Investment Measures
a Settlement Maintain Settlement Profile
Here we define a range of control parameters for settlement.
3. Maintain number Ranges for Settlement Documents
IMG à Controlling à Internal Orders à Actual Postings à Settlement
Maintain Number Ranges for Settlement Documents.
regards
prasad
accenture
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hi
internal order is used for collecting all costs realted to a given job or an event or an individual item.For ex An individual truck,Individual telephone,Trdae fair,marketing campaing etc
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