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Production Order: Settlement & Closure

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Hi Team,

 

I am having some clarification on production order settlement & closure.

 

1. Is production order settlement & closure will be done by CO team & PP team? Who will be responsible for this activity?

 

2. What is the transaction code for production order settlement & closure? Do we have transaction code for mass settlement & mass closure of production order?

 

3. Do we have transaction code for mass deletion (status:DLFL) of production orders?

 

4. I know that the status "TECO" will be set by PP team. Assume the below case.

 

I have created the production order with 10 quantity. Out of which i have completed 7 quantity today & today is the end of this period. And i want to complete the remaining 3 quantity during next period. So i need to set the production order status "TECO" today since today is the end of this period. As a production guy, how do i know that today is the end of this period? If i do not set the status "TECO", what will happen? will it have any financial impact?

 

Thanks


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