What Does co88 Mean?
What Does co88 Mean?
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The CO88 settles the particular variances in your buy. it tends to make a money posting. the difference between approach and real will not be a financial variety, it is a Management/analysis value.
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Co88 is largely similar to ko88, inside of a variation that it is used for collective processing (much more than 1 creation orders).
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To paraphrase, CO88 is used to settle the wip and variance inside your creation orders (WIP or variance will depend on the position of your respective get) for the respective receiver G/L Accounts.
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CO88 is actually a collective system and may settle all buy in the plant (or all plants) which have had WIP and Variance calculations pocessed.
The trendy gold-tone chunky back links insert a classy edge co88 for your seem, though the zirconia stones bring a touch of sparkle. An ideal accent to offer any outfit a contemporary, chic vibe.
CO88 is employed for collective processing of generation buy and processing orders. we could also shedule the settlement approach for mass processing of settling the orders.
CO88 posts the particular harmony in the get and that is the difference between precise debit and credits to an purchase. If the total genuine Price is remaining posted as variance, then (one particular purpose is) no shipping was produced which might publish an genuine credit from the order plus the status is TECO.
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The particular prices posted to an order may be more or less than the value with which an purchase was credited when the goods receipt was posted. When you compromise, this difference between the debit and credit score on the buy is transferred to Money Accounting (FI).