Hi;
Period settlement in SAP refers to the process of settling costs incurred during a specific period, usually at the end of a cost accounting period. This process involves transferring costs from one object to another, such as from a production order to a cost center or asset under construction.
The main purpose of period settlement is to clear costs from the cost accounting period and transfer them to the appropriate objects, ensuring that costs are accurately reflected in the financial statements.
Types of Settlement: There are two main types of settlement in SAP: periodic settlement (PER) and final settlement (FUL). Periodic settlement is used to settle costs at the end of each cost accounting period, while final settlement is used to settle costs when an investment measure is technically completed.
Settlement rules are used to determine how costs are settled. These rules can be defined for each object and can include factors such as the settlement type, settlement period, and distribution rules.
Regards
Marcio Blos
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