What is the settlement in Real order?

Answer Posted / usha katam

An order can be

1) Real Order
2) Statistical order

A Real Order can be settled to other cost objects like cost
centre, production order, sales order.

Whereas the Statiscal order cannot be further settled, it
is only for information purpose. eg: Profit centre
accounting.


(A cost object means a cost or a revenue collector wherein
all the costs or revenues are collected for a particular
cost object)

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