Full vs Periodic Settlement

[Former Member]

Hi,

What are the differences between Full and Periodic Settlement in CO side?

Thanks,

Teo

[Former Member]

Hi,

PER (periodic settlement): Settlement with this settlement type covers only the costs for the relevant settlement period. Say monthly.Every month you will settle the costs.

FUL:The difference to periodic settlement is that in full settlement you settle each time all the costs that have occurred for a sender object for all the periods prior to the settlement (and are not yet settled).Every month you will not do settlements

If PER rules exist, they take precedence over the FUL rule.

Hope Im clear

Thanks

Aravind

Please do assign points for helpful answers.

[Former Member]

Hi,

When do you use full and when do you use periodic?

Thanks,

Teo

[Former Member]

Hi,

Suppose you have a cost center"MARKETING".Every month its a usual practice to conduct some trade fairs.At the month end you would settle the amounts from trade fair 1 and trade fair 2 to the above cost center.Here the purpose is the management would like to know really what is the cost incurred on each trade fair as well as expense posted on marketing cost center on a monthly basis.In such cases we can use periodic settlements.

Usually the manufacturing orders are settled Fully.

Regards

Aravind

PLEASE ASSIGN POINTS FOR HELPFUL ANSWERS

[Former Member]

Hi,

Periodic Settlement nothing but one order will complete more than 1month, in that time we have to settle the order per monthwise,after settle the order we can revoke the tech and use the same order.

Full settlement nothing but after complition of all work we have to settle the order, in that order status is tech. after techo we cannot post the value to the related order.

pls. assign points,

regards,

Gopi.

[Former Member]

Hi,

When do you use full and when do you use periodic?

Thanks,

Teo