How to use OMXW - Activate WIP at Actual Costs

SAP Transaction Code - Details

• Transaction Code: OMXW

  Description: Activate WIP at Actual Costs

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    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: OMXW - Activate WIP at Actual Costs

  
  Overview:
  The SAP transaction code OMXW is used to activate the Work in Process (WIP) at actual costs. This transaction code is used to ensure that the WIP is calculated and posted at the actual costs incurred. 
  
  Functionality:
  The OMXW transaction code allows users to activate the WIP at actual costs. This ensures that the WIP is calculated and posted at the actual costs incurred. This helps to ensure that the WIP is accurately reflected in the financial statements. 
  
  Step-by-step How to Use:
  1. Enter the transaction code OMXW in the command field. 
  2. Select “Activate WIP at Actual Costs” from the list of options. 
  3. Enter the required information such as cost center, material, and quantity of WIP to be activated. 
  4. Click “Execute” to activate the WIP at actual costs. 
  5. The system will display a confirmation message once the WIP has been successfully activated. 
  
  Other Recommendations:
  It is recommended that users check the accuracy of all data entered before activating the WIP at actual costs. Additionally, users should ensure that all necessary approvals have been obtained before activating the WIP at actual costs.