In this step you specify the G/L account in Financial Accounting
work in process is settled. You assign a results
analysis cost element or a group of results analysis cost elements
to two G/L accounts.
A posting document is created in Financial Accounting on the
basis of the settlement of the work in process.
Data is updated in the balance sheet.
Data is updated in the profit and loss statement.
You can assign the results analysis data to the G/L accounts on
the following levels:
For each results analysis category
The following results analysis
categories are created from the assignment of the costs to line
WIPR - Work in process with requirement to capitalize
WIPO - Work in process with option to capitalize costs
WIPP - Work in process with prohibition to capitalize
You will usually define a posting
rule that assigns the work in process with requirement to
capitalize costs to the G/L accounts for unfinished goods (balance
sheet) and stock changes (P+L).
For each results analysis cost element
Here you assign the individual
results analysis cost elements to the G/L accounts.
For example, if the work in process
for the material consumption costs are updated under results
analysis cost element 672111 and the work in process for the
production costs under results analysis cost element 672131, you
can pass this information on to different G/L accounts in Financial
You must already have carried out the following steps: