Executing an In-House Production Process

Objective

After completing this lesson, you will be able to execute an in-house production process

In-House Production Process

Material for the Production Order

Editing the Production Order

Flowchart showing production order management: process includes goods issue, activity consumption, order delivery, and production, with a table of planned vs. actual values.

The final confirmation is entered for the production order and material P-FL300 is delivered to the project stock.

This increases the stock quantity and value for material P-FL300 in the project stock. The total value of the increased inventory is the quantity received times the standard cost.

A goods issue is posted for the network for the consumption of the assembly P-FL300.

This reduces the project stock (crediting the WBS element). The actual costs are debited from the network.

The actual network activity costs are aggregated and displayed for the higher-level WBS elements.

Execute an In-House Production Process