All posts tagged with Period-End Closing.
The hub for our 6-part series on period-end closing in Product Cost by Period — how template allocation, revaluation, overhead, WIP, variances and settlement fit together, with a single map of the…
Part 1 of the period-end series: how template allocation moves process and activity-based costs from Overhead Controlling onto the product cost collector, driven by the costing sheet and overhead key.
Part 2 of the period-end series: how revaluation re-prices the activities you consumed from the planned price to the actual price of the period, debiting or crediting the cost object for the…
Part 3 of the period-end series: how actual overhead calculation applies costing-sheet surcharges to cost objects for indirect costs, with the offsetting credit to a cost center, internal order or…
Part 4 of the period-end series: how WIP values unfinished goods at target cost, how the capitalisation split works, and how WIP settles to Financial Accounting as inventory.
Part 5 of the period-end series: how variance calculation explains the order balance — target cost versions, input- and output-side variance categories, scrap and lot-size variances, and the variance…
Part 6 of the period-end series: how settlement posts WIP and variances — price control S vs V, the order balance to the Material Ledger, variance categories to CO-PA, and the price-difference…
