Understanding the Period End Closing

After completing this lesson, you will be able to:

After completing this lesson, you will be able to:

  • Explain the period end closing activities

Current Process Step

For the following lesson, we will focus on the Area Period Closing Activities in SAP S/4HANA. The steps for Production Execution will take place in the Controlling (CO) Module of SAP S/4HANA.

As we have now posted actuals to our production orders, there are period end closing activities to be processed for our production orders. These period end closing activities are processed by the Controlling Department.

We will focus here on the main activities from our point of view. These are the variance calculation and the settlement. The other activities will only be mentioned shortly.

Surveying Period End Closing Activities

Keisha from Controlling will explain the period end to you and Paul in the next interaction.

How to Perform Variance Calculation


The last step for Period End Closing is Settlement. Follow the interaction to learn how to perform a settlement:

Business Completion

When the production order costs have been settled and the balance on the production order is Zero, the production order will be closed finally. This final closure is called Close. This system status tells that the production order is finished from the perspective of all included departments.

How to Perform Settlement and Close the Production Order

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