How to Close Planned Over Heads in product costing

HI,
We are maintaining planned over heads through KP26 and Costing sheet.Kindly tell me how to close planned over head wether it is periodicall closing or other?
Kindly provide me the guide lines  how to do this Planned overheads closing in the system?How many ways are there to close planned overheads in the system?
Kindly adviice me?
Thanks
Sunitha

Dear Sunitha,
To run the Cost estimate or close the planned overhead KP26 and Costing Sheet is not enough you have to move forward and you need to define Cost component Structure (OKTZ) Path: SPRO > IMG > Controlling > Product Cost Controlling > Product Cost Planning > Basic Setting for Material Costing > Define Cost Component Structure. After maintaining cost component structure you need to define Costing variant T.code OKKN Path: SPRO > IMG > Controlling > Product Cost Controlling > Product Cost Planning > Material Cost Estimate with Quantity Structure . Here you copy PPC1 standard and create your own costing Variant.
After Maintaining the Configuration go to T.code CK11n and run your costing and if it is correct then save it. To update Price in MM run T.code CK24 and release Material and update it.
thx.
Ganpat

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