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.