Primary cost estimate/ stad. cost estimate
Hi gurus,
Please advise in REM, what is the difference between std cost estimate and preliminary cost estimate. when we should go for preliminary cost estimate and in which scenario should we go for std? please advise.
Hi
To make things simple, please note the below difference.
Standard cost estimate: -
If you select this in REM profile, then if u make any changes in routing or BOM which could have impact in material cost, then the costing run and updating the assembly with new cost is mandatory beofre MFBF could be done.
Preliminary cost estimate: -
Here once Preliminary cost estimate is done then the back flush could be done with preliminary cost and costing run is not mandatory.
The scenario depends on situation where company does chnages in routing or BOM frequently but it has no or negligible impact in final costing of material.
Similar Messages
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Additive cost in Std Cost estimate
Hi
I have a requirement to add extra cost in a material cost estimate for certain plants. Because of this I have two costing variants in our case. One is without this extra cost and another with extra cost. This cost is actually freight cost for certain materials.
For this purpose I am planning to use additive cost. I have created one item in the cost component structure and assigned the cost element for this additive cost.
I think that is all I require with regard to additive cost. Now when I try to enter additive cost, system showing some screen showing resources and all. I am not able to understand how can I enter it as a resource ?Hi Nikita
I wont recommend allocation from cost center to prod orders....
You will have a toughtime entering the SKFs for the prod orders... You would agree that you would need tracing factor in the allocation cycle... which would be SKF... You need to identify the prod orders processed during the month, then enter SKF for them and then execute allocation cycle
Just think about it... May be you would realize the complicacy of it... I would suggest to use a costing sheet or a template allocation.. I dont know how the later works, I am nt an expert at it
Regards
Ajay M -
COPA cost estimate from costing for COGS
Hi,
we are using sales order costing (variant config), discrete(Prdn Order) and repitative (Cost collectors) in production costing.
Need to update COGS under COPA based on cost component structure using mat cost estimate. All mat uses mat type as ZINE for all cases.
There is separate costing variant for sales order and others. created 2 costing key in COPA and costing key 001 that is sales order costing to mat type ZINE. and assigned valuation class in next step so that discrete and repitative can get captured.
But it resulted in error during billing as system could not find sales order costing for discrete material. So i assgned costing 2 with discrete and repitatve costing variant to mat type ZINE aftter sales order costing variant.
Error got resolved but cost component split happens for sales order costing only and not for others. Please advice and also note that it is not possible to add material type or change valuation class due to complexity.
Regards,
AtuHi Paul
What is your purpose?
1. If you just want to fetch the material cost estimate (std cost) in COPA, then what you are doing is not correct...For this,
a. KE4U - Valuation Strategy 001 - (DETAILS Tab) assign 001 to Qty Field ABSMG and tick "Mat Cstng" indicator
b. KE4U - (Assignment Tab) Assign 001 to PV=01 and Record Type = F
c. Create a Costing key in KE40
d. Assign Costing key to mat types in KE4J or KEPC
e. Assign Cost Comp Split to Value Field in KE4R
2. Costing sheet in COPA is used for doing some calculations during billing and updating the same to COPA... For eg: you want to add 2% of your Std cost as Freight to COPA (Statistical value)... This can be done using Costing sheet...
In order to use Costing sheet in COPA,
a. Create a Costing sheet - (You already did this)
b. KE4U - Val Strategy 001 - (DETAILS Tab) Against Valuation Strategy 001 - Assign this costing sheet against "Application = KE" and Qty Field = ABSMG.. Do not check "Mat Cstng" against this indicator..
So, if you want to use Costing sheet in COPA, your KE4U may have 2 entries under the "DETAILS" tab..
(1) As per 1.a and 1.b above
(2) As per 2.b above
Regards
Ajay M -
Hi. We're thinking of implementing a web portal for the state universities across our state and wondered about costs. Assuming that the portal would use existing hardware and networks, what would a rough estimate annual cost be for such a portal?
This is a very broad question and has many variables, but what we'd like to figure out are such things as hosting costs (bandwidth, storage, database) for a state university on existing hardware, management costs, etc. Does anyone have a rough estimate or a formula for calculating such costs? Thanks.What don't you understand about the JS Fiddle I gave you?
HTML form,
CSS to style the form,
a jQuery function to calculate form input values. jQuery code goes inside <script> tags.
The only other thing you need is a link to the latest jQuery Core Library inside your document's <head> tags like this:
<!--JQUERY CORE LIBRARY-->
<script src="http://code.jquery.com/jquery-latest.min.js">
</script>
Nancy O. -
COPA cost estimate using costing sheet
Dear Experts,
I have done the relevant copa configuration related to Material cost estimate using costing sheet. I have maintained all the condition type required in the costing sheet.
Can anyone plese help me out with the Transction code which I should run to do the material cost estomate using costinbg sheet. And also how I can link the estimated material cost in my Profitability analysis report.
Thank you
Regards
Paul
Edited by: Paul01 on Dec 20, 2010 1:31 AMHi Paul
What is your purpose?
1. If you just want to fetch the material cost estimate (std cost) in COPA, then what you are doing is not correct...For this,
a. KE4U - Valuation Strategy 001 - (DETAILS Tab) assign 001 to Qty Field ABSMG and tick "Mat Cstng" indicator
b. KE4U - (Assignment Tab) Assign 001 to PV=01 and Record Type = F
c. Create a Costing key in KE40
d. Assign Costing key to mat types in KE4J or KEPC
e. Assign Cost Comp Split to Value Field in KE4R
2. Costing sheet in COPA is used for doing some calculations during billing and updating the same to COPA... For eg: you want to add 2% of your Std cost as Freight to COPA (Statistical value)... This can be done using Costing sheet...
In order to use Costing sheet in COPA,
a. Create a Costing sheet - (You already did this)
b. KE4U - Val Strategy 001 - (DETAILS Tab) Against Valuation Strategy 001 - Assign this costing sheet against "Application = KE" and Qty Field = ABSMG.. Do not check "Mat Cstng" against this indicator..
So, if you want to use Costing sheet in COPA, your KE4U may have 2 entries under the "DETAILS" tab..
(1) As per 1.a and 1.b above
(2) As per 2.b above
Regards
Ajay M -
KKF6N - Cost estimate on cost collector
When I cost a product cost collector with MF30 or KKF6N, the BOM of the finished product is not exploded as if all the components were raw material or the BOM was monolevel - despite the BOM is multilevel. I don't understand why...
Thanks for your helpIn the same time i found OSS note 717592
The system response in the preliminary costing of a product cost collector
is different from the previous behavior in releases as of Release 40B . Up
to and including Release 40B, assemblies were broken down and costed
further. The cost estimate was created in multiple levels. In the following
releases, the system does no longer break down the incoming components and
carries out a material valuation.
This system response is correct. However, you can check whether you can set
up again the prior behavior with a modification. In this case, contact the
Remote Consulting.
Christophe Le Bail -
How to get report for cost estimates material cost only
Hi Gurus,
We have requirement in sales order costing that we need to develope report which shows only Material cost for all BOM levels.
Normally at lower levels cost of Material and activity cost will be treated as Material cost for next level. Here I want to consider only material cost not activity cost at lower levels
Pls suggest the logic and tables for exploding BOM and fetching material cost only.
Thanks
SnehaSneha
If you tick the "Roll up" indicatorfor each cost component in Cost Comp Str OKTZ, then overheads do not get added to the material cost... This is my understanding about it.. Is it behaving some thing different in your case??
br, Ajay M -
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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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... -
Raw Material Costing with Actual Cost Component Split
Hi All
I have requirement to split inventory RM Value with material component and Freight cost, all config done and looks well if I check at CKM3N cost component view, material cost $100 and Freight $20, I GR the inventory with freight cost, since I'm using actual costing when journal freight cost go to Price Difference account. But after actual costing closing why the system can't split the variance update to freight cost component? is this the standard SAP behaviour?
Please help for the solution
Regards
LuizI see that you want to split your material cost and freight cost. you need to check the following:
Is your current standard cost estimate support this structure i.e do you have seperate cost components for RM and Freight.
If not first you need to change cost component structure and as mentioned by owen you to map the purchase condition type to the origin group and cost component structure.
Then system will do the same for the actual costing -
Inventory Costing Vs Material Costing
Can someone explain the difference between inventory costing and material costing ?
Edited by: VamsiM on May 3, 2010 2:14 AMHey,
An inventory cost estimate is used to update tax and commercial price, or prices other than
standard. In other words, the costing type is not for the standard price.
Best Regards
Young -
Use an additional cost in the cost calculation
How to make to use one or more additional costs during the calculation of the cost of a finished product
Could you help me, please.
Thank you.
Jean-MarcYou can use additive costs to add costs to a product other than the cost estimate.CK74n
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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) -
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. -
Additive Cost in Mixed costing
Hi
Is it possile to get additive cost in Mixed costing?. I have created Procurement alternatives and Mixing ratios. also "Additive cost included" is selected in Costing Variant and additive cost check box was selected in Valuation Variant.
I have created additive cost with Category V (Variable item). But additive cost is not picking in standard cost estimate (CK11N)
anybody can help me.
Thanks in adavance.
regards
SrinivasHi Srinivas
I think you have not assigned the additive cost component split in the Cost component structure. Unless you dont assign the same it would show the same in the standard cost estimate.
I think this should solve your requirement.
Regards,
Suraj
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