CO Versions

[Former Member]

Hi Guys,

Why do we maintain versions in CO? what do we mean by plan and actual versions and what data do we post to the versions? How is the data posted to these versions.

Is version like a seperate ledger and what is the significance of this ?

Thanks for your replies.

Thanks

srikanth.

[Former Member · Accepted solution]

Hi

Version ensures that your data remains consistent if you use the version in different applications(like overhead cost controlling and profitability analysis).when you create a controlling area R/3 system automatically creates version 0,valid for 5 fiscal years.

you can also create alternative versions.

R/3 system always use version 0 for Actual postings.

alternate versions are use for planned ones.

You define Controlling versions centrally and add application-specific settings for profitability analysis, profit centre accounting and overhead cost controlling.

Regards

Venkat

[Former Member]

Hi,

Version is usually creating for planning purposes to take care of various "What IF" scenarios. Say one version for sales level of 10k and another for sales level of 20K. Because we cant predict future, we create seperate versions for each of the situations. It is purely based on the requirements of the company. Only Plan version 0 is mandatory as this is the only version which allows you to post actual data also.

Hope this helps.

Regards

Suresh

[iklovski]

Hi,

You mostly need versions in CO to monitor several planning programms. Think about the organization where the planning is performed in several steps and each step could be represented by a separate version in CO.

Regards,

Eli