Problem in WIP Config...

Question

Dear Experts,
I have few doubt on Costing related config.
1) For WIP- I am going to assign all my consumption and activity secondary cost element under COP lineid under Assignment of cost element of WIP and Result analysis.
Here i am consfused regarding consumption a/c assignment.Shall i include COGM a/c of FG and SFG also under COP lineid or only include RM/PM/SFG consumption a/c only.
2) What account need to assign Under SET in Assignment of cost element of WIP and Result analysis.
3) We have Byproduct and need to deduct cost from RM cost component -Shall i create seperate valuation class for the same and defined the same Gl under RM cost component along with RM consumption A/c in cost component structure or i will use Rm valuation class also.
regards
RR

Answer 1

Hi Raman
Q1 - No harm if you specify FG Consumption a/c also.. FG Cons is required if the FG can be consumed further in rework scenario or during normal prod scenario
However, COGM account is not required to be assigned... Usually, people use masking like 0041++++ to cover all cost elements starting from 41
Q2 - You assign "Change in WIP account" for SET
Q3 - It is better to use a separate valuation class and consumption account
br, Ajay M