Finance & Controlling
What is Internal Order (IO)?
A CO object for collecting costs of a specific job or event, such as a marketing campaign, for monitoring and settlement.
Internal orders can be statistical or real and are settled to receivers such as cost centers or assets. Budget availability control can block postings. Order settlement is a period-end test case.
Related transaction codes
Related terms
Settlement
Transferring costs collected on an order or project to final receivers, such as cost centers, assets, or profitability segments.
Cost Center
A CO object representing an organizational area where costs are incurred, such as a department.
Asset Under Construction
A special asset type that collects capital costs until a fixed asset is completed and settled to final assets.
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