Mixed costing and Target Costs
Hi
I have the following problem.
We are using within Product Costing the Mixed Costing functionality.
One semi-finished product is produced in 2 plants, standard price calculated according to a certain mix.
Everything fine in product costing so far.
When creating a PP order however, the target costs details are not taken over but only as a full amount under semi-finished consumables. Planned costs are taken over in detail.
After completion of the PP order, actual costs are made on materials, labour, etc, where the target costs are fully seen as semi-finished consumables. Therefor the variance analysis between actuals and target costs shows many differences within the Resource Usage Variance, which is not meant.
Can anyone help ?
Kind Regards,
JeVe
Thanks for your posting Rau,
Yes we did CK11N and CK24.
I think the problem is with the mixed costing.
In the calculation we have two lines per procurement alternative (one per production version), target cost on semi-finished materials cost element. Below that, there is a standard calaculation available, but only the higher level is taken into account when a PP order is created.
Maybe somewhere in the cost estimation is the problem.
In my situation I would like the PP order be targeted at the weighed average cost of the 2 production versions, but on the detailed level. But SAP just shows me the target of the 2 semi-finished products only.
The standard calculation look like
Product A 1000 euro
- 50% product line 1 550 euro
---cost beakdown:
materials 100 euro
labour 300 euro
etc. 150 euro
- 50% product line 2 450 euro
---cost beakdown:
materials 100 euro
labour 250 euro
etc. 100 euro
Target costs on the PP order are one cost element : semi-finished consumables for 1000 euros.
I would like to see target costs on the PP order :
materials 200
labour 550
other 250
Kind regards
JeVe
Similar Messages
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Report for production order with actual and target cost for each
Hi
Is there any report that gives me the list of all production orders in a month with its respective actual and target costs?
I can use COOIS to get a list of production orders, then double click on the prod order, then click on goto and then to cost analyis.. but can i avoid going through all this and get a report with the details i need?
thanks in advanceThanks a lot for that.
I'm a little confused with the columns in the report.
Which columns should I keep for my requirement? -
Production Order
Total Target Cost
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Total Actual Qty
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Hello,
The target cost and actual cost is not updating in production order when I display it in CO03 in cost analysis.
Even though we have maintained planned price in KP26.
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Best Regards,
TapanHi Tapan
For Target cost
1. Your std cost must be released before Goods Receipt
2. There must be goods receipt posted on the prod order
3. You must calculate variances in KKS1/2
For Actual Cost
1. Post Goods receipt and Goods issues
2. See if any mat movements are pending in COGI
3. Ensure that operation is confirmed in PP and no entry is lying in COFC
Regards
Ajay M -
What is the difference between Target cost and planned cost in discrete production orders? Please advise.
Dear
Planned costs will be updated after creation of production order.
Target costs will be updated after delivery of the production order.
Plan cost = Plan qty X Planned price (std. cost estimate)
Actual cost = Actual qty X Actual price
Target Cost = Actual qty X Planned price (std. cost estimate) -
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In Product Costing,I am getting Huge variance between Target cost and Actual Cost.It is showing the Target Cost as ZERO.Why i am getting this target cost as Zero? what could be the reason? Kindly help me in fix this issue.
Thanks
SupriyaDear,
First do the GR final DEV for Production order
You need to do the variance calculation in KKS2, then when you save the variance, the target cost is calculated.
Target cost appear after GR. And you will get the Variance also right.
Please try and come back.
Regards,
R.Brahmankar -
Hi All,
When is the target cost and actual cost gets populated and from where does the data comes from liek labour,machine,overhead cost comes?
Thanks in advanceDear Friend,
speaking from controlling point of view, target and actual costs will be flown from "costing variant planned" and "costing variant actual" respectively.In above mentioned varinats, whats the process has to be followed to calculate material costs,activty costs,overhead costs etc will be defined. These variants will be assigned in order type dependent parameters OPL8.
Target Costs - In standard cost estimate(ck11n),target cost will be calculated in the following way
-material cost from material master and BOM
- activity costs from routing( for this u need to plan the activity costs in KP26)
- other costs from the definitions of planned costing variant.
- after running the standard cost estimate,u need to mark n release(ck24).
Actual Costs - material costs frm goods issues (via goods mvmts thru MBIA,MB1B etc) against
production/process order.
- activity costs(as per the price u plannned in KP26)through operation confirmation in
COR6N/CO11N.
- any other costs like overheads,cost center issues etc as per the process defined
in 'actual costing variant'.
Hope this will clear your doubt.
Rams. -
Diff erence between target cost and plan cost
what is the diffenece between target cost and plan cost , in product cost controlling?
Hi
Plan cost is some thing anticipated cost i.e cost estimates here we can say the standard cost.
Target cost is the cost of (yeild) of the production at plan cost.
Ex: Standard cost for X product is 10
production lot size is 100
production yeild is 90
then your plan cost will be = 1000
and target cost will be = 900
and the variance of 100 of 10 units will be as variance.
Regards
Laxmiprasad -
The target costs in target cost version 0 are missing
Dear Experts,
I am getting following error while running Varience cost through KKS2:
Only remaining var. in version 0 - no target costs for 000001061683 0001
Message no. KV151
Diagnosis
For the calculation of variances with 000001061683 0001, the target costs in target cost version 0 are missing for the following reasons:
There were no planned costs and/or planned quantities (see earlier message).
The quantities on which the planned costs were based are zero in the time period concerned. This may be caused by the fact that no goods receipt for a cost object (such as a product cost collector or production order) has been entered.
This results in target costs of zero.
System response
Because no target costs were calculated, the difference between the
planned and actual costs could not be broken down into variance categories. The difference is updated as a remaining variance.
Please suggest, How to proceed.
RegardsFirst check this...
1.Go to t.code OKEV.Select Controlling Area 2222 and create Plan / Target version.
The standard system supplies the following target cost versions:
Target cost version 0 ( total variance)
The amount of the total variance generates a posting in Financial Accounting during settlement.
For this version, select actual costs as the control costs and standard cost estimate as the target costs.
Target cost version 1 ( production variance)
For this version you choose actual costs as the control costs and planned costs as the target costs.
Target cost version 2( planning variance)
With target cost version 2, the costs from the preliminary order cost estimate are interpreted as control costs. For this version, select planned costs as the control costs and current cost estimate as the target costs. You cannot calculate planning variances for the product cost collector.
Target cost version 3 (production variance of the period)
You compare the planned costs of the period calculated on the basis of an alternative material cost estimate (such as a modified standard cost estimate) with the actual costs of the period on the basis of the yield delivered to stock in the period.
2.Also try In CO02 goto cunctions...cost...
3.Go to transaction OKV6 these settings control what values are used to update the target costs.
Target cost comes from the standard price calculated when doing a costing run. Actual costs are costs that you incur during the production order (we can reassign costs during the order so this could be different from the standard price).
Target Costs=Actual Quantitiy X the Standard Cost Estimate Price..
Probably the stand.cost estimate will be missing in ur case... -
Difference between Actual Cost and Allocable costs in splitting KSS2
I have Cost splitting structure results with me(KSS2)
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In Splitting Structure KSS2 There are two Costs One is Target Cost (Planned) and Control Cost (Actual Cost)
In Variance Calculation U will See Target Cost (Planned), Actual Cost, Allocated Actual Costs.
Target Cost = Planned Cost
Control Cost = Actual Cost
Actual Cost = Actual Cost
Allocated Actual Cost = Actual Cost of the Output Qty. This is Actual Credits from Activity allocation. This is Actual Credits from delivery of Stock.
Hope you are Clear. -
What Is The Difference Between Budget Cost And Regular Cost For Resources?
What's the difference betwee budget cost and regular cost for resources?
Here is the explanation which I didn't understand from the book;
In planning your departmental retreat, suppose you
have specific budget targets
for certain cost categories, $2,500
for travel expenses, $500 for printing,
and $1,000 for conference room rentals. Using Project’s budget resource
feature, you can define your budget
for different categories
of items. You can then group your resources to
com-pare your budgeted
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of $2,500 side by side with your planned
costs of, say, $3,700,
and immedi- ately see that your next
goal is to find a way to trim those travel
costs.Hi,
You have to differenciate the proejct budget from the project cost:
The project budget is the amount of money which has been allocated to your project by the executive board based on the estimation you provided. This is not meant to be changed unless you go through a change request process, justifying why you need to change
(increase) the budget, meaning asking more money. Consequently it will not be related in MS Project with the tasks, assignments. It is entered on the project summary and can be meanly used in portfolio reports where you can consolidate yours budgets (you can
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Hope this helps,
Guillaume Rouyre, MBA, MVP, P-Seller |
You say that the budget cost is total money which committee gave you for the project.
But the book refer budget cost for every resource. I don't understand that.
" In planning your departmental retreat, suppose you
have specific budget targets
for certain cost categories, $2,500
for travel expenses, $500 for printing,
and $1,000 for conference room rentals. Using Project’s budget resource
feature, you can define your budget
for different categories
of items. You can then group your resources to
com-pare your budgeted
costs to your planned costs. This way, you
can view your travel budget
of $2,500 side by side with your planned
costs of, say, $3,700,
and immedi- ately see that your next
goal is to find a way to trim those travel
costs. "
For example here travel budget cost is 2500 whereas planned cost is 3700. Planned cost of travel expense is created by the project manager. Who does define travel budget cost?
Let's say an employee's cost is 20 dollars per hour and I write it on the project. So how much is this employee's budget cost, Who does define it, From whom do I learn that data? -
In which table production order planned cost and actual cost i can see?
Dear PP Guru,s,
from which table i can see productuion order planned and actaul cost. i checked following tables AUFK, AFVC, AFVV, CAUFV, AFRU, AFKO, AFPO. but i did not found planned cost and actual cost field. is there any other way to get this data with respect production order?
Regards,
sreeDear,
Planned and actual costs of prod order from COEP, COSS, COSP S027 tables
production order shows the planned cost based on the quantity structure.
Please refer my reply in this thread for details,
Re: Actual Halb Material Cost
Regards,
R.Brahmankar -
Function Module to find Planned Costs and Actual Costs against WBS element
Dear All,
We have a requirement where we need to find out the Planned Costs and Actual Costs booked against a WBS element, in a year. The costs can be against all the plan versions or on individual plan version.
Are there any function modules to retrieve this value?
Thanks for the help.
Warm Regards,
JudithHi,
The easiest way would be to get the OBJNR for all WBS elements from PRPS and look up RPSCO and summarize for Value type (RPSCO-WRTTP) 1 for planned cost and 4 for Actual cost.
Please let me know if this helps.
jibat -
Estimated Cost and Actual Cost
Hi Friends,
Can someone tell me, which MM tables(logically database) has these fields stored?? Estimated cost and Actual cost??
Note : Where and How can I find the logical data base??
Thanks alot in advance,Yes thank so much for your quick help.
I see here we can get 1- Plan cots , 4 Actual cost, But in PMCO, how can we get the estimated cost, I see that WRTTP = 1 also contain the value for estimated cost but not plan cost . Please help me.
Thanks -
IW32 needed Plan Cost and Actual Cost table name
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Req: needed plan cost & actual cost table names for particular order number.( For New Report )
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Thanks in advance !
Regards
Rahulhi ,
i too had same issue , i wrote following FS for that :
Actual and planned cost from PMCO-WRT00 to WRT12(the sum of values should be considered for actual as well as planned ) for PMCO-OBJNR taken from CAUFV -OBJNR for order number AFIH-AUFNR and also currency from CAUFV-WAERS .
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hope this helps
regards
satish -
Costs and settled costs layout in standard reports
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what needs to be done in order to have a report, for example, S_ALR_87013543 , splitted by costs and settled costs (debit/credit) ? I can't find a layout or smth.
Thanks guys.
LaimonasHi
Include this ZPP2 in a separate report group (GR51)... After that,
1. Create the transaction code,say, ZF01_TCODE from Se93
2. Choose "Transaction with parameters".. Press enter
3. Enter START_REPORT in the Transaction field and press Enter
4. Select the Skip initial screen and Inherit GUI attributes check boxes
5. On the same screen, scroll down to the Default Values table and select parameters D_SREPOVARI-REPORTTYPE and
D_SREPOVARI-REPORT.
6. Enter RW for the report type and your report group ZCC8 as the report value
7. Now you can save your transaction and transport it to other systems
Regards
Ajay M
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