Costing variant/valuation variant
dear gurus,
can any body explain the costing variants,valuation variant,costing sheet,costing type,how it is integrated in production order in controlling tab.can any body explains the customizing part of product costing and overview.
if any body is having the product costing material please send to [email protected]
please through some light on product costing
-gide
Hi,
Every cost estimate we create is based on the costing variant.
In the costing variant we define the control parameters and settings for costing
Settings contains info such as prices that will be used to cost the materials and activities
Control parameters are used for the automatic determination of of qty str ie Bom and Routing
Every costing variant contains a valuation variant and a costing type , date control , qty str control.
Valuation variant:
Valuation variant defines the price with which the material and activities are valuated
determines 1.which price is taken from material masterrecord to calculate the material cost
2.
which price is taken from cost center accounting to calculate the costs for internal activities
3. which price is taken from purchasing info rec to calculate the the costs for ext activities / subcontracting
4. which costing sheet is used to calculate the over head costs
Costing type:
costing type defines the valuation view to be costed and defines the purpose of costing.
Date control :
controls the validity of the cost estimste , qty str date.
Valuation class:
For material costing the valuation class controls the cost element to which the planned cost of the material are assigned and the cost element under which the actual costs are updated when the material produced is delivered to stock
Valuation category:
specified the criteria according to which partial stocks are distinguished from one another
Price control indicator:
the price control indicator specifies whether the stock of the material is valuated with standard price or moving avg price
costing sheet:
The costing sheet links all the functions for overhead calculation.
In the costing sheet we determine the following
1.The direct costs to which the over head is applied
2.The condition under which the over head is applied
3.Whether the over head is applied as a percentage basis or on a qty basis
4.The amt of overhead percentage
5.The validity period of the over head
6.Which object is credited ( order , cost center) and which cost element in the case of actual posting
We enter the costing sheet in the valuation variant in customising
Regards,
nandha
Similar Messages
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Contents of new costing variant, valuation variant and costing sheet not getting transported
In our development client,I have created a new costing variant, a new valuation variant and a new costing sheet in separate transports.
When I release the transports to move into the Test client, the contents of the configuration are not getting transported at all.
I tried to do them again manually using Table view - Transport , but again, if I view the transports in SE10,they don't show the table contents, etc.
Any help on this will be highly appreciated.Ajay,
Let me make sure I understand.
Create a new TR using SE01
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At what point to I say 'include in request'
If I try to use the menu option Edit-Transport-Include in request in the beginning itself, the 'Include in request' is greyed out.
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Costing variant with a valuation strategy
Hello all,
I have the following issue:
In PM I have defined a costing variant with a valuation strategy first u201Cstandard priceu201D and second u201CMoving Average priceu201D, and assigned this costing variant to the plant and order type.
When I create a PM order (PM01) with a planning plant and enter the components in the order with a different plant and determine the cost, the system determines the correct plan costs based on the Costing variant for planned costs. The planning plant and the plant where the components are reserved are belonging to the same company code.
When I create the same order with a planning plant and a different plant for component reservation and both plants belong to different company codes and determine the costs, the system doesnu2019t take the Costing variant into account. The costs are determined based on the price control assigned to the material type and not based the valuation strategy. In this case always the moving average price is taken.
Can anyone help me with this issue?
Thanks in advanceHi
In OIOF you can specify the valuation variant for plant and order type, system determines the same . for your second case kindly check in the order which valuation variant system has determined.
regards
thyagarajan -
Creation of a new costing variant to cost production orders
Hi all,
Currently the business is only able to cost a vehicleu2019s production order at the standard cost value which is determined at the start of the year.
During the year a number of the purchasing values will be updated with a new contract price, this increase will not be reflected in the standard cost until the end of the year.
The business would like a new costing variant which will cost an already created vehicle in SAP by its production order at the u201CCurrent Costu201D (current purchasing info record value).
It will need to be calculated in the following way:
u2022Purchased material - at purchase cost from info record (see below for applicable exchange rate).
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u2022No allowance for CPI. [WHAT_ DOES_CPI_MEAN_?]
u2022Exchange rate: ideally, fields are provided to input exchange rate. If this is not possible then apply current monthu2019s exchange;
u2022FRAu2019s - current rate from the info record.
u2022Summary of total material cost by origin code with ability to drill down to line level.
u2022The output of the report will need to be similar to the layout of a production order but with only the current value displayed.
We have some problems to understand this request: we don't know the transaction which is used by the users to costificate a production order and what does it mean "CPI". We are not sure on the feasibility of the costing variant requested because it must consider both actual costs and standard costs.
It should costificate in this way:
(Actual Cost of Row Material * Bom's standard qty) + (Standard price * Standard production time (in the routings).
Could you help us?
Many thanks to all of you, best regards.
AlanisYou can create a new costing variant with a valuation variant that points to inforecords for material prices. Go to OKKN t-code and create the required configuration and start using the new costing variant to measure the current cost of making vehicles.
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Costing Variant & Prod Cost Collector
I am in the scenario of period costing with a product collector. Please guide me on the following:
While configuring for costing/valuation variant, I find that we create a costing / valuation variant under 'Material cost estimate with Qty structure' and also under Cost object controlling - Product Cost Collector, 'Check costing variant for Product Cost Collector' & 'Check valuation variant for Product Cost collector'.
Do need to configure a costing variant and valuation variant under these paths, viz. under Standard Cost estimate with Qty Structure & also Product Cost collector ?
Please give your comments ASAPclosed
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Create a new costing variant or use a existing one
Dear Friends,
Company XYZ does not use absorption cost.
In Company Code 1000, Costing variant XY does not do any calculation because zero values are entered in acitivity type,costing sheet.
For new company code 2000 &3000, Users want to enter values at activity,costing sheet etc.
I like to know the following,
Should we use the existing costing variant XY OR Create a different cost variant for Company code 2000&3000.
Regards
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entering act prices is part of master data which is independant of Costing var -
Actual costs posted to work order without maintaining costing variant
hi,
i havent maintained costing variant for work order(maintenance order) type i used to create the work order. so when i posted goods issue, how does the actual costs get posted with out maintaining the costing variant for work order type. what is the role of costing variant configuration in work order type settings.
thanks,
monicaHi monica,
Costing variant forms the link between the application and Customizing, since all cost estimates are carried out and saved with reference to a costing variant. The costing variant contains all the control parameters for costing.
The configuration parameters are maintained for costing type, valuation variants, date control, and quantity structure control.In costing type we specify which field in the material master must the price be updated,
In valuation variant we specify in what order the system should go about accessing prices for the material master planned price, standard price, moving average price etc. Further which is the price which should be considered for activity price. How the system should select BOM and routing.
assign points if useful
Regards
Genie -
Material Cost - Costing Variant
Hope you guys having great Day,
I have an issues related to Costing Variant and Material Cost. Please check below.
Material #123456 at 1ABC is showing a cost of $0.36/EA(Bag) in Costing Variant Z001, but it is showing a cost of $35.61/EA(Bag) in Costing Variant Z002(PRCT VAL). The cost should be what is showing in Z001. How do we correct the cost to be the same in costing variant Z002
Appreciate your time.
ThanksHello-
Please compare valuation variant for both the costing variants and see where is the difference. You can check it by using transaction code OKKN for costing variants and OKK4 for valuation variants. This is where you would normally determine material valuation strategies.
Shail -
Can we use two costing variants for standards cost estimate release.
Hi,
We have 2 plants (plant 5100 and plant 5200) under company code 5000.
We have run standard cost estimate(CK11N) for material 98001000027 at plant 5100 using costing variant ZG01 and at plant 5200 using costing variant ZG02. First, we released standard cost estimate (CK24) for this materia at plant 5100 and set (in marking allowance) costing variant ZG01 and costing version 01. Next time when we are trying to release the standard cost estimate for the same material for plant 5200, it is automatically picking ZG01 as costing variant in marking allowance and it is not allowing to change the costing variant to ZG02 saying Company code 5000: Release already carried out, cancellation not possible, Message no. CK797.
Is it possible to use two different costing variants for release of standard cost estimate for a material at two different plants at the same company code? If so how?
Please suggest.
Thanks,
BijayHi,
Thanks for your reply again.
What is the benefit of assigning "Single Valuation Variant same to different Plants" ? In costing variant also we can assign maximum only one valuation variant and this valuation variant will default for all the plants, and hence I dont think it is necessary to assign same valuation variant to different plants.
My issue is :
Example: ( Standard Cost Estimate for material 98001000027)
Plant - 1
Material Cost Rs.100
Labour Cost Rs.50
Overheads (10% of Labour Cost) Rs.5
(say ,through costing sheet - 1)
Total Standard Cost Estimate Rs.155
Plant - 2
Material Cost Rs.150
Labour Cost Rs.100
Overheads (20% of Labour Cost) Rs.20
(say, through costing sheet - 2)
Total Standard Cost Estimate Rs.270
Now, Please explain why we cannot have two Standard Cost Estimates for a material at two different plants? If it is possible to have two standard cost estimates for a material at two different plants, how to take care of overheads (rate of which varies) at two different plants (plant - 1 > 10% and plant- 2>20%) as we can assign maximum one costing sheet to a valuation variant variant?
How to map the system so as to meet the above requirement?
Thanks,
Bijay -
Maintaining a costing version in a costing variant
Hi,
I am creating a costing variant for standard mat. estimation. I have to maintain a costing version.
I don't know how to set all the parameters in costing version in OKYD. Will I have to set variant for transfer price, exchange rate and quantity structure?
Why do all these parameters show under and not beside the name of the element in the Assignment Tab of costing variant.
Best wishes,
karolHi karol
For standard costing purpose - costing version 01 is defualt version offered by SAP.
With costing version u can create different / various cost estimates created for SFG or FG material
You need to enter version 01 in customizing control paramters for costing variant - viz, in valuation variant, costing type etc
The need to create diff costing versions depend on the requirements.
Ex. Exchange rate is determined thru valuation variant, If you wish to have diff exchange rate for costing - u can enter diff rate and define it in diff costing version
So, when u do costing for a material with two version u will have diff costs
Version 1 - say 100 USD
Version 2 - Say 120 USD with diff exchange rate defined
Again in most of the implementations we dont come across using diff versions. These are considered only when base version costing is stabilized and controls are put in place for entire product cost cycle
System offers quite a lot of options, but everything cannot be chosen at a time to evaluate. My suggestion would be stabilize with the base and then look for these options.
Hope the above clarifies - Pls assign points as a way to say thanks -
We have a requirement to change a setting of a costing variant in which cost estimates with quantity structure was initally having setting as without date.The user now requires this to be changed to date mandatory.Kindly suggest which are the fields that will be impacted so that we could do a test on this
It all depends on the process you follow. Previous to setting the Date control, the user might have been entring the dates for Costing date to/from, valuation dates etc. there might be some business logic to propose which dates to use, it might be start/end of the month/year. Now after you set the date control, if you follow the same logic, then there should not be any impact of the cost estiamtion. However if you change the business logic then there will be the impact and needs thorough testing of how the cost estimates behave.
However the date control id and defaults dates can be modifies by the user while running the cost estimates. -
Costing Variant for refurbhsiment order
Hi,
I have settting up refurbishment order. will the costing variant would be different for ref.order from normal maintenance order?
Please advise!
Regards,
MeghanaHi,
Costing variants contain control parameters for all aspects of costing.
The costing variant forms the link between the application and
Customizing, since cost estimates are created and saved with reference
to a costing variant.
The costing variant controls how costing is executed, such as:
o Whether the costing results are planned costs or actual costs
o Which prices are used to valuate materials, internal activities, and
external activities
o How overhead is calculated
A costing variant includes the following groups of settings:
o Costing type
o Valuation variant
o Number range assignment
to know more about Costing part , dicuss with your CO consultant,
try OIOF tocheck for the costing variant assigned to Refurbishment order type. Remember Refurbishment order will be settled to the Material itself not to the Cost Center
Regards
Prakash -
Is there an SAP delivered costing variant, valuation variant and costing type for group valuation and profit center valuation??
Is it necessary to have additional costing variants for group valuation and profit centre valuations if the busibess decideds to activate multiple valuation approaches??Is there some way I could see what the settings and config would be. Ofcourse no two organization are same and the settings would be different but one can atleast get a general idea and logic.
I would like to know what the settings would be for costing variants valuation variants and the valuation type, both for group valuation and profit center valuation.
Thanks -
Costing Variant not visible in CK24 for my plant.
Hello Experts,
Using transaction OKKN, I have created a new costing variant ZPC1 to take the place of PPC1 for updating standard cost in the material master. I basically copied most of the parameters ( including the Costing Type) from PPC1 but changed to a different Valuation Variant. Running CK11n successfully generates a cost estimate without error (status KA) that meets our requirements.
The trouble is in transaction CK24. I click the Marking allowance icon and I see both our actual plant, and the dummy preconfigured plant 0010. For our actual plant, I also see the fields populated for Costing version 1 and Released check mark. If I drill down on our plant, I get a pop-up for "Permitted std cost est variants", showing only PPC1. However, if I drill down on the dummy plant 0010, I first get a search pop-up for "Permitted std cost est variants" with an open field for "Costing Variant". Drilling down further shows both PPC1 and ZPC1.
I think maybe a "Costing Version" has been defined for our actual plant, and that is pre-selecting PPC1 and preventing me from using ZPC1, but when I search in config (transaction OKYD), I see nothing defined.
Any help would be greatly appreciated.My problem has been solved. There was actually nothing wrong with the configuration.
The problem was that the Marking Allowance had already been activated for costing variant PPC1 in period 11/2009. This was visible from the marking allowance screen by the population of the fields Costing Version 01 and the check mark in the field Releaded.
Now that we have moved on to period 12/2009, the Costing Version is blank and I see both Costing Variants available. When I select a variant to allow marking, the Costing Version gets populated. After running CK11N again to create a cost estimate for period 12, I was then able to Mark and Release my new estimate and verify that the new Standard Price updated in the Material Master.
Thanks for your help, and I hope this record may be of value to others. -
Costing run of SFG and FG by using 2 costing variant In Same c codeandplant
Dear CO Experts,
I Have Semi Finished Goods (SFG) and Finished Goods (FG)
At the time of Costing Run I don't want to add Admin& Selling Distribution Expenses for SFG.
For FG, I want to add Admin& Selling Distribution Expenses. So I created 2 Cost sheets and Assigned to 2 Costing Variants through 2 Valuation variants.
For Example
SFG Cost Sheet1
Material 100
Internal Activity Cost 10
SFG Cost 110 (By using 1st Costing Variant)
FG Cost Sheet2
Material 10
SFG 110
Internal Activity 5
125
Add: Admin& Sd Exp 25
(125*20/100) -
FG Cost 150 (By using 2nd Cost Variant).
How to run Mark and Release in Same Perid two costing variants. Please give you valuable inputs.
Thanks&Regards
Anil Kumar CHi!
To determine an overhead percentage rate using the overhead key, you
need to
1. assign a costing sheet to your order or valuation variant for
costing.
2. enter in the assigned costing sheet, overheads that use the overhead
key field. based on over head keys, over head rates can be defined.
3. assign the overhead key to an overhead group.
4 enter the overhead group in the material master record for the
material to be produced.
I think the above process will work for you.
regs
ramesh b
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