End User Manual For Product Costing In Sap
May 26, 2016 Hi All, I need Product Cost Configuration and End user manuals,could you please share to me. Thanks and Regards Vijay Patil.
Jan 15, 2013 Selected Functions in Material Costing 4.1 Activate Cross-Company Costing (optional)Menu PathIMG Controlling Product Cost Controlling Product CostPlanning Selected Functions in Material Costing ActivateCross-Company CostingPurpose of ConfigurationHere we specify that costing across company codes is allowed.Costing across company codes means. Jan 04, 2013 Throughout a given period, actual expenses are recorded in SAP as purchases are made, payroll is processed, bills are paid, and production occurs. At month-end, Work in Process, Variance, and Settlement are calculated. The variance between actual costs and standard costs can result in changes to product costing for the next period or year. Oct 16, 2017 Product Costing: calculation of. Customer group, product, product group, profit center, plant, sales order, sales organization, country etc, and; Profit Center Accounting: Profit & Loss Account and Balance Sheet by Profit Center; Free Download PDF – SAP CO END. Dec 14, 2018 SAP CO Product Costing End User Manual (150 Pages) Organizational Structure Level for Product Costing Master Data from Controlling and Logistics Areas Overhead Costs (Costing Sheets) Cost Component Structure Costing Sequence Product Costing Integration with MM and SD Modules Costing Methods Material Cost Read More ». Product Costing User Manual In Sap. SAP Product Costing (CO-PC) End User Documents, This set of documents explain in step by step manner with screenshots, how to do transaction in SAP. Learn SAP Product Costing easy way,Be a Pro in SAP Product Costing in 30 Days. This course is part -1 of 5 part series. Average User Rating.
The costing run is a tool for mass processing in Product Cost Planning. It enables you to cost, mark, and release more than one material at the same time.
It provides the following functions:
Costing, analysis and (if applicable) price update of multiple materials.
Sequence of material selection, BOM explosion, costing, analysis, price update.
Separate costing levels.
Repeated costing of materials in a low-level code until costing is free of errors.
Online or background processing.
A costing run is identified by its name and the costing run date.
You can carry out the following steps:
Pdf user manual for iphone 4s. Material selection: Selecting Materials for a Costing Run.
BOM explosion: Exploding BOMs for a Costing Run.
Costing: Executing the Costing Run.
Analysis: Analyzing the Costing results.
Price update: Updating Prices.
After each processing step you can look at the message log for the step, and if necessary repeat the step until costing is free of errors.
If some materials are costed with errors, only the costing step is repeated before price update is carried out.
In the case of partial selection of assemblies, the structure must be exploded again after the selection.
If you repeat the selection step, the subsequent steps must also be repeated.
Once a costing run and its processing steps have been successfully completed, it can be deleted. The administrative data in the costing run is also deleted. However, the material cost estimates generated by a costing run remains and can be reorganized and/or archived if required.
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SAP CO Product Costing module is used to find the value of internal cost of products. It is also used for profitability and management accounting for production.
Product Costing In Sap Pdf
While configuring Product Costing, it involves two areas for setting −
- Product Cost Planning
- Cost Object Controlling
The basics of Product Costing is Cost Center Planning. The goal of cost center planning is to plan total dollars and quantities in each Cost Center in a Plant.
Product Costing - Overview
Use the T-code KP06 and enter the controlling area.
Cost Center dollars are planned by activity Type and cost element. You can also enter the variable and fixed dollar amounts.
You can plan all costs in production cost centers where they will end up through allocations, or you can plan costs where they are incurred and use plan assessments and distributions to allocate.
To define cost center activity quantities, use the T-code KP26. You can also manually enter an activity rate based on last year's actual values. Note that if you enter an activity rate instead of using the system to calculate a rate, you lose the opportunity to review actual vs. plan and see dollar and unit variances. It is a best practice to plan activity quantities based on practical installed capacity which accounts for downtime. If you plan at full capacity, plan activity rates will be underestimated.
Example
Sap Product Costing Configuration Guide
Let's say we are using Product Costing to value our inventory in a cookie baking shop. This will help us value our cookies (finished good), frosting (semi-finished good), and baking items like eggs, milk, and sugar (raw materials). In order to calculate costs, we need to come up with rates for each activity, such as mixing baking items, oven baking, and cookie cooling. Since a rate is a dollar per unit, we can either come up with a rate based on previous year's actual rates, or enter our total costs and total units.