Performing Results Analysis Based on Final Resource-Related Billing

Objective

After completing this lesson, you will be able to perform results analysis based on final resource-related billing

Results Analysis Based on Final Resource-Related Billing

The image depicts a workflow diagram illustrating the accounting entries and financial updates involved in processing a sales order and recording costs for a service job. It shows the sales order details, planned and actual costs, revenue recognition, and the impact on various accounting modules like debit memos, invoices, inventory, customer accounts, and sales revenue.

If a sales order is assigned the status Final Billing (FNBL), you should not expect any more revenue from that sales order item. You can only enter debit memos and credit memos. For this reason, you can cancel all stock and reserves on the revenue side. This also applies to the status Technically Completed (TECO) on the cost side.

Perform Results Analysis Based on Final Resource-Related Billing

ExerciseStart Exercise

Summary

  • Final billing status means no more revenue expected from the sales order item.
  • Only debit memos and credit memos can be entered after final billing.
  • You can cancel all stock and reserves on the revenue side.

Learning

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