What is 'order phase' in SAP CO-OM-OPA - Overhead Cost Orders?

order phase - Overview

• Component: CO-OM-OPA

• Component Name: Overhead Cost Orders

• Description: A system control instrument for the order master data. Phases divide the life cycle of an order into different stages and determine the operations that are allowed or prohibited on the order in the respective stage. An order can go through the following phases: Opened Released Completed Closed

order phase - Details

• 
  Key Concepts: 
  Order phase is a term used in the SAP component CO-OM-OPA Overhead Cost Orders. It is a status that is assigned to an overhead cost order to indicate the current stage of the order. The order phase can be one of the following: Released, Completed, Cancelled, or Reversed. 
  
  How to use it: 
  The order phase is used to track the progress of an overhead cost order. When an overhead cost order is created, it is assigned the Released order phase. As the order progresses, its order phase will be updated accordingly. For example, when an overhead cost order is completed, its order phase will be changed to Completed. 
  
  Tips & Tricks: 
  It is important to keep track of the order phase of an overhead cost order in SAP. This will help you to quickly identify which orders are still in progress and which orders have been completed or cancelled. 
  
  Related Information: 
  For more information about the SAP component CO-OM-OPA Overhead Cost Orders and how to use it, please refer to the official SAP documentation.