Accounting Rules for CO - Maintenance Customer Order

CO10: Miscellaneous Costs to Work In Progress (WIP)

When applied

The basis for the account entries is created for so-called miscellaneous costs when you run 'Maint CO. Check Preliminary Invoice Spec' (COS170). The prerequisites are:

The actual transactions are created in 'Internal Account Entry. Create (CAS950)'.

References

See Regenerate Invoice Specification.

Accounting rules for CO10: Miscellaneous costs to Work In Progress (WIP)

Rule D/C Name Description
CO10-960 D Work in progress: Miscellaneous Represents additional costs such as travel expenses that do not originate in the work order.
CO10-961 C Cumulative miscellaneous Represents the offset account to CO10-960.

CO16: Delivery of Work Order - Material

When applied

The basis for the account entries is created when a work order is closed in 'Work Order. Close' (MOS050). Costs are then transferred from WIP to goods delivered/not invoiced. A prerequisite is that alternative 1 is selected in the 'Accounting flow' field for the maintenance customer order type in 'Maint CO Type. Open' (COS010/E). The actual transactions are created in 'Internal Account Entry. Create' (CAS950).

References

See Manually Close Work Order.

See Close Work Order and Update Service History.

Accounting rules for CO16: Delivery of work order - material

Rule D/C Name Description
CO16-280   Rounding-off  
CO16-902 D Fictive inventory, non-inventory Represents goods delivered/not invoiced for non-inventory items.
CO16-903 C Fictive inventory, non-inventory Represents the offset account to CO16-902.
CO16-912 C Work in progress: Material Represents the reported cost for material. Used for inventory items.
CO16-951 C Delivered/not invoiced Represents goods in transit. Used for inventory items.

CO17: Delivery of Work Order - Time

When applied

As accounting event CO16, but refers to the cost of time instead.

References

See Manually Close Work Order.

See Close Work Order and Update Service History.

Accounting rules for CO17: Delivery of work order - time

Rule D/C Name Description
CO17-280   Rounding-off  
CO16-920 C Work in progress: Work performed Represents the reported cost for operations, that is, the cost corresponding to costing components B01–C02 in the product costing model used for the item.
CO17-951 D Delivered/not invoiced Represents goods in transit.

CO18: Delivery of Work Order - Subcontracting

When applied

As accounting event CO16, but refers to the cost of subcontracted operations.

References

See Manually Close Work Order.

See Close Work Order and Update Service History.

Accounting rules for CO18: Delivery of work order - Subcontracting

Rule D/C Name Description
CO18-280   Rounding-off  
CO18-920 C Work in progress: Work performed Represents the operations, that is, the cost corresponding to costing components D01–D02 in the product costing model used for the item.
CO18-951 D Delivered/not invoiced Represents goods in transit.

CO19: Delivery of Work Order - Miscellaneous Costs

When applied

As accounting event CO16, but refers to miscellaneous costs - additional costs not originating in the work order - entered manually in 'Maint CO. Check Preliminary Invoice Spec' (COS170).

References

See Manually Close Work Order.

See Close Work Order and Update Service History.

Accounting rules for CO19: Delivery of work order - Miscellaneous costs

Rule D/C Name Description
CO19-280   Rounding-off  
CO19-907   Offset account for inventory transaction  
CO19-951 D Services delivered/not invoiced Represents miscellaneous costs for services.
CO19-960 C Work in progress: Miscellaneous Represents the offset account to CO19-951.

CO20 - Invoicing Work Orders

When applied

Account entries are created when work orders are invoiced in 'Maint Invoice. Print' (COS180). A prerequisite for the invoicing is that the work order was closed in 'Work Order. Close' (MOS050) and that the work order lines received status 50 in 'Maintenance Customer Orders. Open Line' (COS101).

References

See Print MCO Invoice.

Accounting rules for CO20 - Invoicing work orders

Rule D/C Name Description
CO20-100 D Accounts receivable The debtor's control account on which the invoice is automatically booked in the General Ledger.
CO20-101 D Cash payment Used when the payment method stipulates that the customer payment be made in cash. Otherwise CO20-100 is used.
CO20-111 C VAT payable 1 Used when the 'VAT reported on payment day' check box is left cleared for the VAT code in 'VAT Code. Open'(CRS030).
CO20-112 C VAT payable 2 Used when the 'VAT reported on payment day' check box is left cleared in combination with VAT method 2 or 3 in (CRS030).
CO20-113 C Suspense account for VAT payable 1 Used when the 'VAT reported on payment day' check box is selected in (CRS030).
CO20-120 C Sales revenue

Represents the sum of time, material, subcontracting, and miscellaneous costs.

Since M3 reuses the existing functionality for managing line charges to create warranty-related transactions, it also represents the settled claim to the supplier for repair of equipment under warranty. For more details, refer to:

Equipment Profitability

CO20-140 C Order charge Represents any manually entered order charge.
CO20-151 D  

Represents the cost when the claim to the supplier for repair of equipment under warranty does not equal the actual cost for the company. For more details, refer to:

Equipment Profitability

CO20-170 D Advance invoicing Represents the charged amount (with any VAT deducted) for an advance invoice.
CO20-190   Rounding-off Represents the difference between the total of the invoice lines and the invoice total, rounded off according to the rounding-off rule selected in 'Currency. Connect Rounding-off Rules' (CRS053).

CO21: Invoicing Material

When applied

The basis for the account entries is created when maintenance invoices are printed with material transactions in 'Maint Invoice. Print' (COS180). The actual transactions are created in 'Internal Account Entry. Create' (CAS950).

References

See Print MCO Invoice.

Accounting rules for CO21: Invoicing material

Rule D/C Name Description
CO21-280   Rounding-off  
CO21-902 C Fictive inventory, non-inventory Represents the standard cost retrieved from the product costing model. Only used for non-inventory items. Used when alternative 1 is selected in the 'Accounting flow' field in 'Maintenance CO Type. Open' (COS010/E).
CO21-912 C Work in progress: Material Represents the standard cost retrieved from the product costing model. Only used for standard-costed inventory items. Used when alternative 1 is selected in the 'Accounting flow' field in (COS010/E).
CO21-951 C Delivered/not invoiced Represents goods in transit.
CO21-971 D Cost of goods sold Represents the offset account to CO21-912 or CO21-951.

CO22: Invoicing Time

When applied

The basis for the account entries is created when maintenance invoices are printed with time transactions in 'Maint Invoice. Print' (COS180). The actual transactions are created in 'Internal Account Entry. Create' (CAS950).

References

See Print MCO Invoice.

Accounting rules for CO22: Invoicing time

Rule D/C Name Description
CO22-280   Rounding-off  
CO22-920 C Work in progress: Work performed Represents the reported cost for operations, that is, the cost corresponding to costing components B01–B14 in the product costing model used for the item. Used when alternative 1 is selected in the 'Accounting flow' field in (COS010/E).
CO22-951 C Delivered/not invoiced Represents not invoiced time transactions.
CO22-971 D Cost of goods sold Represents the offset account to CO22-920 or CO22-951.

CO23: Invoicing Subcontracting

When applied

The basis for the account entries is created when maintenance invoices are printed with transactions for subcontracted operations in 'Maint Invoice. Print' (COS180). The actual transactions are created in 'Internal Account Entry. Create' (CAS950).

References

See Print MCO Invoice.

Accounting rules for CO23: Invoicing subcontracting

Rule D/C Name Description
CO23-280   Rounding-off  
CO23-920 C Work in progress: Work performed Represents the reported cost for operations, that is, the cost corresponding to costing components D01 and D02 in the product costing model used for the item. Used when alternative 1 is selected in the 'Accounting flow' field in (COS010/E).
CO23-951 C Delivered/not invoiced Represents goods in transit.
CO23-971 D Cost of goods sold Represents the offset account to CO23-920 or CO23-951.

CO24: Invoicing Miscellaneous

When applied

The basis for the account entries is created when maintenance invoices are printed with miscellaneous costs in 'Maint Invoice. Print' (COS180)180). The actual transactions are created in 'Internal Account Entry. Create' (CAS950).

References

See Print MCO Invoice.

Accounting rules for CO24: Invoicing miscellaneous

Rule D/C Name Description
CO24-280   Rounding-off  
CO24-951 C Delivered/not invoiced Represents transactions that are not invoiced.
CO24-971 D Cost of goods sold Represents the offset account to CO24-951.

CO30: Meter-Based Invoicing

When applied

Account entries are created when you invoice agreements that are not based on maintenance customer orders in 'Maint Invoice. Print' (COS180). The agreement defines which meters to use for selected objects and the price per meter. The invoice is based on how much an object is used.

References

See Managing Maintenance Customer Order Invoicing.

Accounting rules for CO30: Meter-based invoicing

Rule D/C Name Description
CO30-100 D Accounts receivable The debtor's control account on which the invoice is automatically booked in the General Ledger.
CO30-101 D Cash payment Used when the payment method stipulates that the customer payment be made in cash. Otherwise CO30-100 is used.
CO30-111 C VAT payable 1 Used when the 'VAT reported on payment day' check box is left cleared for the VAT code in 'VAT Code. Open'(CRS030).
CO30-112 C VAT payable 2 Used when the 'VAT reported on payment day' check box is left cleared in combination with VAT method 2 or 3 in (CRS030).
CO30-120 C Revenues  
CO30-140 C Order charges  
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