What is order status in SAP CO - Controlling?

SAP Term: order status

• Component: CO

• Component Name: Controlling

• Description: A control that dictates whether an order may be planned and whether it may receive postings. It reflects the operational progress of an order and determines: Whether line items are created during cost element planning The transactions planning, actual cost posting, and so on allowed in each status When the order can be flagged for deletion

Smart SAP Assistant

• Key Concepts: 
  Order status is a feature of SAP CO Controlling that allows users to track the progress of orders. It provides an overview of the current status of an order, including the order type, order number, and order date. It also provides information about the customer, vendor, and product associated with the order. 
  
  How to use it: 
  To use order status in SAP CO Controlling, users must first create an order. This can be done by entering the necessary information into the system, such as customer and vendor details, product details, and payment terms. Once the order is created, users can view the order status by selecting it from the menu. The order status will then be displayed in a table format, showing all relevant information about the order. 
  
  Tips & Tricks: 
  When creating an order in SAP CO Controlling, it is important to ensure that all necessary information is entered correctly. This will ensure that the order status is accurate and up-to-date. Additionally, users should regularly check the order status to ensure that orders are progressing as expected. 
  
  Related Information: 
  Order status is closely related to other features of SAP CO Controlling such as delivery dates and invoicing. It is important to understand how these features interact with each other in order to effectively manage orders in SAP CO Controlling.