Period End Closing Activities in Controlling

The following are the period end closing activities in Controlling:

  1. Repost CO Documents that was incorrectly posted
  2. Run Distribution or Assessment Cycles
  3. Run the Overhead Calculation in Product Costing
  4. Run the WIP Calculation in Product Costing
  5. Run the Variance Calculation in Product Costing
  6. Run the Settlement Calculation in Product Costing which will post all the
  7. WIP and variance to Finance and PA.
  8. Calculate FI Data for Transfer to Profit Center
  9. Transfer Balance Sheet Items like Receivables, Payables, Assets and Stock
  10. Run Results Analysis for Sales Order if applicable
  11. Run Settlement of Sales Orders to PA.
Comments