"COST" Table update

Can anybody tell, how can we update Std. table COST?
Thanks in advance.

Dear Deven,
Check this,
Product Cost = Materials Cost(ROH + HALB Materials Cost)Activity Cost (Operation Cost)Overhead
Cost.
1.Raw materials cost are generally entered as Planned price along with the valid from date in Costing 2
view,and price control indicator is "V".Origin group has to be given to all the Raw materials in costing 1
view.
2.For HALB Materials Price control indcator will be S for Inhouse manufactured & V for externally
processed materials (Sub-Contracted Items) respectively.Also assign Overhead group for all Inhouse
manufactured items.
3.No need to enter any value for the materials having S as the price indicator and for Sub-contracted
items that's F30 also no need to enter any cost in the material master.
4.Activity cost is the cost incurred in performing individual operation.This cost is captured via the work
center which we mention in each operation in the routing of that product.A Cost centre and an
appropriate activity type is assigned in the work centre.
5.Proper Cost should be assigned for the combination of Activity type and Cost centre.
6.Overhead cost is the indirect cost that we capture according to the customer's requirement.
7.If certain items for certain products alone should not be considered for costing means,then we can
achieve this using costing relevancy indicator in the BOM and for the activity(operation's mentioned in
routing) which should not be considered for costing also can be mapped by removing the costing
relevancy indicator in routing.
Overhead group is aasigned in Costing1 view.
8.Creating Cost center - KS01
9.Create Activity Type - KL01.
10.Assiging Rates for a cost center/activity type combination in T code KP26.
11.Cost estimate Related T codes are CK40N,CK11N,CK24.
12.UseCK40N always,so that you can do the costing ,mark the price and release the same.Generally
Cost Rollup will be taken for Finished product so that the sytem automatically calculates for the Semi-
Finsihed products standard cost.
13.IF you use CK11N,then only costing will be done,but for marking and release you have to use CK24.
14. Table COST get's updated say For Eg: After Actual Cost calculation using T Code KSII
Regards
Mangalraj.S
Edited by: Mangalraj.S on Nov 27, 2008 3:38 PM

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