Planed cost and standard cost

hi sap guru's
What happens when u dont flag balance in local currency in gl master?
What is diff between planed cost and stand cost where will u give standard cost in MM?

Hi Ramu,
Generally the only balances in local currency will be checked for balance sheet items because it is mandatory to submit the balance sheet in local currency for outsiders/govt.
Standard Cost in the constant cost for a material. Planned cost is cost for the material for the future period. We will give Standard Price in Accounting 1 view of the material master.
~Rajesh

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Standard cost and planned cost

Hi Gurus,
Can you illustarate the difference between planned cost and standard cost by taking one example.
Thanks&Regards
Janardhan Reddy.p

Hi Srinivas Muthyala,
I would like to confirm my understanding regard the points below also;
1. Production Variance is calculated by using PLANNED cost;
2. STANDARD cost is only the value for benchmarking; and
3. I found PLANNED cost = 0, STANDARD cost = x & MOVING AVERAGE cost = x (in some cases)
that means no issued production order.
Warm Regards,
Markung

Relation between Preliminary and Standard Cost Estomate

Hi,
I would like to know how preliminary cost estimate using product cost collector and standard cost estimate are related to each other.
I am not quite clear how both are used for a given plant in repetitive mfg scenario?
Regards,
Yogesh

Hi,
Thanks for the reply,
My question do not need so many details for its answer.
I would just like to know if standard cost estimate will still be required even if we are using repetitive manufacturing or it gets handled through product cost collector.
I would like to know if there is any overlap between the two from process point of view.
Regards,
Yogesh

Difference between Standard cost and standard price

Hi:
I have gone through google but i could not find any answer to the question clicking my mind. When we talk about standard cost and standard price..Should they be taken synonymously? Are these two same concepts... If there is any difference between two please do let me know..Similarly is there any difference between Actual cost and actual price. Please guide
Br

For Finished Goods, Cost is nothing but your manufacturing or procurement cost.
Where as Price is nothing but your sales price of the same Finished Goods.
Simply when you buy, it is cost and when you sell it is price.
Price includes cost + Profit or loss.
But from SAP point of view Standard Price field in Material master is Standard Cost.
Standard cost will be arrived when we manufacture or procure
Sale price will be entered in Sale order as condition value.

Cost Updating and Standardized cost difference apportion

Dear All,
1、 Cost updating：Standardized cost or average cost change is updated across all sub-inventory simultaneously, but the update should exclude the inventory that lends stocks (we do not want to update the cost of lending stock).
2、Standardized cost difference apportion：Standardized cost difference apportion is operated manually without system support (we want to do the apportion when stocks are delivered).
I am stuck up with these question ..
please let me know the solution or the workaround to achive this
Appriciate your help
Thanks
Satyam

Hi Abhishek,
Further to discussion on the subject,
Find enclosed link which elaborates the accounting
http://help.sap.com/erp2005_ehp_03/helpdata/EN/08/513e4243b511d182b30000e829fbfe/frameset.htm
In a nut shell u can consider that cost elemnts are providing u the documentation for Financial reporting & legal entries of a company.
Cost centres are cost collectors for different expense/revenues generated within the organisation with repsct to controlling part (Internal documenation) of the compny for better controlling the business scenarios.
Further cost centres are used for product costing.
Ramesh

Costs and settled costs layout in standard reports

Hello guys !
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.
Laimonas

Hi
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

Target Cost and Actual Cost

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 advance

Dear 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.

Actual costs and Planned Costs

HI Friends
I want to know the Main Tables from which i can get the Actual costs and Planned Costs for the given Cost element or object number
 I tried with table COEP and i got actual costs up to all cost elements in the given controlling area and in given cost center , but for some cost elements, this tables does not have any entries...
So is there any other way to get these Actual costs and
from where i can find the Planned Costs
Reagrds Rk

Hi
I already checked these tables but i didn't get the exact data
for actual costs i checked COEP but some costs are missing there
and i could n't find the field BENKZ in coep table
 I am comparing these values with the standard transaction S_ALR_87013611 
but not getting exact details in my program
can you please help me in this regard..
Does anybody worked on this transaction S_ALR_87013611 , then please explain me the logic how it is getting the actual and planned costs
Regards Rk
Message was edited by:
 Rk Pasupuleti

Preliminary costing and Simultaneous costing

hello gurus,
can any one explain the difference between Preliminary costing and Simultaneous costing in Product cost by Period.
Regards
rihana

In product cost by period you are generally using product cost collectors. The preliminary cost estimate is the estimated cost for the product cost collector prior to manufacturing. The cost estimate is calculated when the product cost collector is saved and the estimate is based on the costing variant that is assigned. Simultaneous costing happens as a result of manufanufacturing and the confirmation process. It represents the cost of the materials, activitities, and overhead that are actually charged to the product cost collector. Typically, with product cost collectors materials and activities are backflushed. The amount of the backflush can be based on the preliminary product cost estimate or a standard cost estimate. Simultaneous costing uses a different costing variant then preliminary costing, so valuation strategies for materials, activities, and overhead can be different for both as well.
thanks,

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

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,
sree

Dear,
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

Target cost and actual cost not picking in production order

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.
Please suggest how it can be populated.
Best Regards,
Tapan

Hi 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

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,
Judith

Hi,
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

Hello ,
In IW32 transaction Plan Cost and Actual cost in cost tab ---Table Name.
Req: needed plan cost & actual cost table names for particular order number.( For New Report )
Can you please let me know where Plan cost & actual cost get stored in IW32 in Cost tab ( table name / function module name ) or how its get calcualted for particular order number.
Thanks in advance !
Regards
Rahul

hi ,
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 .
Actual cost will have valuation type PMCO-WRTTP = 4 and planned cost will have valuation type PMCO-WRTTP = 1 , which will be placed in different column
hope this helps
regards
satish

Planed cost and standard cost

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