How to use COMLI - Post WIP Closing for Activities

SAP Transaction Code - Details

• Transaction Code: COMLI

  Description: Post WIP Closing for Activities

  Release: S/4HANA and ECC 6

• • Program: WIP_CLOSE_ACTIVITY

    Screen: 1000

    Authorization Object:

  • Development Package: CO_ML_WIP

    Package Description: WIP at Actual Costs

    Parent Package: CO_ML

  • Module/Component: CO-PC-ACT

    Description: Actual Costing/Material Ledger

Smart SAP Assistant

• SAP Tcode: COMLI - Post WIP Closing for Activities

  
  Overview: 
  The SAP transaction code COMLI is used to post the Work in Process (WIP) closing for activities. This transaction code is used to close out the WIP for activities that have been completed and are ready to be posted. 
  
  Functionality: 
  The COMLI transaction code allows users to post the WIP closing for activities. This includes posting the WIP closing for activities that have been completed and are ready to be posted. The WIP closing is posted in the form of a journal entry, which is then posted to the general ledger. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code COMLI in the SAP command field. 
  2. Select the activity that needs to be closed out from the list of available activities. 
  3. Enter the necessary information such as the date, amount, and account number for the WIP closing. 
  4. Click “Post” to post the WIP closing for the selected activity. 
  5. The journal entry will be posted to the general ledger and will be visible in the financial statements. 
  
  Other Recommendations: 
  It is important to ensure that all necessary information is entered correctly when using this transaction code, as incorrect information can lead to incorrect postings in the general ledger. Additionally, it is important to ensure that all activities are closed out before posting, as this will ensure that all costs associated with those activities are accounted for correctly in the financial statements.