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Costing Variant - Part IV (Date Control)

15/8/2015

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Welcome back, in the last three posts, we have discussed and tried to understand about Costing Type and Valuation Variant. In this post we will continue our discussion and take up next component of Costing Variant i.e. Date Control.

IMG Path for Date Control:
Controlling > Product Cost Controlling > Product Cost Planning > Material Cost Estimate with Quantity Structure > Costing Variant: Components > Define Date Control

Before we get into the details, first let us see how this date control looks like

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Costing Variant - Part III (Valuation Variant)

31/7/2015

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In this part of the post, we are going to discuss about the Valuation Variant component of Costing Variant. This component is the most important of all due to the information controlled by this component in a Cost Estimate.

We will first see how this component looks like:

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Costing Variant - Part II (Costing Type)

25/7/2015

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So as discussed in the earlier post, we will go further into this post for understanding Costing Variant. 

If we carefully give a look at the following image of Costing Variant, we can easily notice that the Costing Variant is basically divided into 6 logical tabs (or parts, we may say). SAP has done this in order to simplify and at the same time to provide more flexibility in product costing. 

With the discussion under this and upcoming posts, we will try to look into each and every component under all the tabs separately to facilitate deeper understanding.

Also please note that for our understanding and analysis purpose, we will be considering the Costing Variant PPC1 and will try to discuss about others, once we are through with PPC1.

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Costing Variant - Part I (Overview)

24/7/2015

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We have already gone through the series of posts explaining about  the Costing Sheet previously. Hopefully, it helped you understand product costing a little more. SAP as we know is an ocean and now let me take your some time to discuss more  on product costing part which is the essence of SAP's.

In this post, we will discuss about Costing Variant which forms a very very important part of SAP's product costing. A Costing Variant is the main part of SAP's configuration which plays vital role in Cost Estimates. We will see how.

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Costing Sheet - Part IV - Creating Costing Sheet

17/7/2015

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This is fourth and the final part of the series of posts related to creation of Costing Sheet. For previous parts click on the following links:

Part-I
Part-II
Part-III

In the previous three posts we have already understood about creation of various components required for maintenance of a Costing Sheet. Now in this post we will see how the components in combination help us to create a Costing Sheet.

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Costing Sheet - Part III - Credits

19/6/2015

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This is third part of configuring Costing Sheet.

It  is important to understand that Cost allocation is part of the process of determining overhead rates. If this leads to an object being debited with actual costs, another object in Cost Accounting must be credited at the same time. This can be either a cost center, order or a business process. This type of posting is recorded under a secondary cost element of cost element category 41 (overhead rates) in the SAP System.

In this part, we will understand the third component of Costing Sheet i.e. Credits. 

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Costing Sheet - Part II - Overhead Rates

18/6/2015

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This is second part of configuring Costing Sheet.

In this part, we will understand the second component of Costing Sheet i.e. Overhead Rates. The overhead rates are divided into Percentage Based and Quantity Based, we will see how it is to be defined.

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Costing Sheet - Part I - Calculation Base

18/6/2015

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The Costing Sheet is a part of Overhead under Product Cost Planning under Controlling Module of SAP. A Costing Sheet helps us in adding cost incurred on manufacturing of a product which is not possible using Activity Types. A Costing Sheet can be used in various purposes, but here we will be only looking into the creation of Costing Sheet and components required for the same.

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Activity Type Overview

7/5/2015

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Activity types classify the activities produced in the cost centers within a controlling area.


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