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 advance

Hi
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

Similar Messages

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).
u2022Manufactured material - child material to be at purchase cost (from info record). Routing cost (labour\overhead, etc) at current criteria.
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.
Alanis

You 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.

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

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
Go to transaction OKKN (costing variant)
Select the costing variant and then choose Table view - transport
Provide the transport number
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.
This is where I'm stuck

How to Run a Cost Estimate with Budgeted Values parallel to the Std Cost Estiamte

Hi Experts,
My client want to run a parallel cost estimate with Budgeted values for each type of cost in a similar process like standard cost estimate(currently only Std business run only the std. cost estimate). Below will be provided to run the said cost estimate.
     1. Budgeted Cost for cost elements against each cost center
     2. Re-posting/distribution will be required run to allocate and apportion the cost from service cost centers to Production cost centers
     3. All Planned(future) Material Cost will be provided. (note that the valuation strategy of costing variant of standard cost estimate has below sequence
     4. Budgeted activity quantities will be provided. (Cost and activity qty for Kp06 and Kp26)
Based on the above data business need to run a cost estimate with budgeted values parallel to the standard cost estimate(based on planned values), which will be compared with actual then Budget at each months.
Simply an alternative cost estimate with budgeted values for a given period for all materials.
Kindly advice the possibility of such a cost estimate in the system and if possible pls. mentioned the Process in order and configuration steps for the same.
Thanks in advance.
Aziz

Hi..
You can define costing variants which have valuation variant for budgeted values parallel to the standard cost estimate in Customizing for Product Cost Controlling.
You can define target cost versions using above costing variants under the customizing transaction OKV6 as below picture.
When you calculate variances, you can check “all target cost version” flag to calculate variances for all target cost versions in the controlling area as below picture.
You can analysis the difference between actual cost and several budget cost using target cost version as below picture.

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,
karol

Hi 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

Copa valuation strategy - doubt

Dear experts,
Pls guide me on the below.
Need to use copa valuation strategy in order to transfer cost to copa through cost componenet wise.
So i have assigned cost component to value field and i m using standard costing key with standard setting.
but need to define valuation strategy material,material type or any other characterstics.
which valuation strategy i will use?.
Which record type and point of valuation i will use.i am not doing actual costing and material ledger.
What are sequence of step in order to t/f cost to copa through valuation strategy not through vprs.
regards
RR

Hi
a. Select Valuation Strategy 001 in KE4U
In DETAILS tab: Assign it to Appl = KE, Check Mat Cstng, and Qty Field = ABSMG
In Assignment tab: Assigning 001 to Point of valuation 01 and Record Type = F
b. Creating a costing key in KE40
Check : Transfer Std cost estimate
Period indicator =Current Cost estimate acc to entry in mat master
c. assigning costing key to material types in KE4J or KEPC and
d. assigning Cost Comp Structure to Value field in KE4R
br, Ajay M

Costing variants assignment

Hi,
I have completed creating costing variants. I somehow have to bind these costing variants with order types. Can somebody help me and give me a TCODE or tell me where I can find the costing variants assigment in SPRO.
Are there any important settings in assignment or do I have to simly bind PP order types with costing variants?
Best wishes,
Karol

Hi Karol
After creation of costing variants and valuation variants you hv to assign them to PP orders for Production order costing
Here are the steps you need to look into
Go to cost object controlling node
1) Check costing variant for Manf Orders PP - Here you copy standard variants for Planned and actual order costing and create your own orders. the valuation variant assigned to planned order here should be same as the one assigned to std cost estimate. Similarly for actual production orders assign actual valn variant
2) Check valn variant for Manf orders
- Here assign the valuation variants
3) Then check the order types - here u should assign settlement profile created for production order settlement
4) Check for costing relevant default paramters for PP orders
Here u need to assign RA Key and the Planned costing varaint and valuation varaint in Prelm Costing and in Simultaneuous costing - assign actual valuation variants and actual costing variant created for PP orders
Let me know if you need any more clarifications on the above - Pls assign points if the above helps you in your final steps of configuration for product costing

New Cost Component Structure in new Costing Variant

Hi gurus,
i created a new costing variant (to be used for planned prices, for budget purposes), then a new cost component structure.
Now the system (transaction OKTZ) doesn't allow me to assign the new cost component structure to the new costing variant forcing me to mask the costing variant with ++++.
But the aim, for me, is just assigning the new cost component structure to the new costing variant only for a company code and only for a plant.
Does anybody know how i can reach the goal? Am i missing some step?
Thanks in advance for the collaboration,
Best regards
Enrico

Hi Utenza
You can very well achieve this
1. First of all ensure that a masked entry exists i.e. ++++ in Comp Code field, Plant Field, Costing variant Field and assign the Prmary cost comp str here
2. Then, coming to the new costing variant and new cost comp str,
a. Enter ++++ in the comp code field
b. Enter your plant name in the Plant Field (and not ++++)
c. Enter your new costing variant here.. (This should be the costing variant where costing type is not 01)
d. Assign your new cost comp structure here against this costing variant
Regards
Ajay M

SAP DELIVERED COSTING VARIANT

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 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 C

Hi!
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

Raw material costing - Valuation strategy with info-rec. "L" - Consignment

Hi all,
I want to implement raw material costing for all our raw material.
I created a new costing variant which use strategy "L" (price from purchasing info-record). My sub-strategy is 9 - Effective Price from PO followed by 5 - Effective price from info-record.
Everything works well except for consignment with vendor.
I have a raw that is procured from a vendor. The price for the raw is stored in the purchasing info-record and has condition types associated with it. This PIR is of CONSIGNMENT type. However, When costing the raw in CK11N the price for this consignment material is not pulled into the estimate.
I have seen in note 552486 that "For the valuation with a price from the info record, the system can basically only consider info records with category 'N' (normal) and 'L' (subcontracting). "
Have any of you come accross this situation? if yes, how did you resolve it?
Thanks in advance

Hi,
any other idea about this ? I want to use strategy "L" but want to know if I can make it work with consignment.
Thanks

Material valuation strategy U in valuation variant

Dear All,
We r trying to use the material valuation strategy U in the valuation variant.
We have also activated the project with the user exit
COPCP005 : User exit for material valuation (strategy U)
Component :EXIT_SAPLCK21_002
INCLUDE ZXCKAU08
However we r not able to get the desired result.
Could you please guide.
Thanks and Regards,
Anand

Hi Ram
During first costing run planned prices entered thru MR 21 will be updated as standard prices. Which means planned prices = std prices.
If you wish to change the prices 6 months down the line = u need to MR 21 upload again and over the earlier planned price. Then u do costing run again. with this costing run, if there is diff in standard prices, system posts revaluation entry.
For Raw materials
Create a simple query which gives u moving avg price, current std price. Analyze the variances and consider revised prices as planned prices for the next 6 months. Next, do costing run and system revaluates the inventory values for raw materials.
If the situation is that prices of raw materials are highly volatile, do costing run level by level as earlier suggested.
But give a word of caution to client on how dynamically variances get recorded and revaluation entries get posted. Also tell them how it impacts not only raw material valuations but also finished and semi finished stock valuations.
Pls assign points if the above clarifies your requirement.

About Material Cost Estimatite Valuation Strategy

Material PPC001 have three purchase info record, it's price is 4.27/CNY,3.68/CNYand 2.56/CNY. Price 4.27/CNY and 2.56/CNY have invalid. Material of moving average price is 3.14/CNY. When I create the material cost estimate,in the material valuation, system use moving average price to calculate cost price. But in last month, I create the cost estimate, the material vaulation is use Price form purchase info record. I dont know what the material still has valid price 3.68/CNY, why system use moving average price to calculate cost price? How to work about the material valuation Strategy?
My material valuation variants priority strategy sequence is 1.Price form Purchasing Info Record,2.Moving Average Price,3.Standard Price in Previous Period.

Hi Jack,
This forum is specific to SAP Master Data Management and your query is related to MM I guess. Post your query on below link to get it solved quickly.
SAP ERP - Logistics Materials Management (SAP MM)
Regards,
Jitesh Talreja

Valuation Strategy for Sales Order Costing

We are currently using valuated sales order stock in ECC 6.0. The "without valuation strategy field" on the requirements class is not checked. However, the valuation strategy varies for a material and for a sales order. Sometimes it is using valuation strategy 2 - cost from the production order cost estimate - which is desired and other times valuation strategy 3 - cost from the standard price field in the material master - which is not desired. When is the valuation strategy determined for a production order for valuated sales order stock?

Costing Variant is assigned to Requirement class
Requirement class is assigned to Requirement type
Requirement type is assigned to Planning Strategy
Planning strategy is assigned to strategy groups
Strategy group is assigned to MRP3 tab in Material Master
System picks the costing sheet in requirement class
In this way product will be costed for Make to Order sale order costing.
Srinivas

Costing variant with a valuation strategy

Similar Messages

Maybe you are looking for