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

Similar Messages

  • Actual costs and Planned Costs

    HI Friends
      I want to know the Main Tables from which i can get the <b>Actual costs and Planned    Costs</b>     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 <b>S_ALR_87013611 </b>
      but not getting exact details  in my program
    can you please help me in this regard..
    Does anybody worked on this transaction <b>S_ALR_87013611 </b>, then please explain me the logic how it is getting the actual and planned costs
    Regards Rk
    Message was edited by:
            Rk Pasupuleti

  • 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

  • Target cost and planned cost

    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)

  • Report for extracting the actual and planned cost from service orders

    HI all
    we are creating a report in BI for Module - Customer service . LIke , the report is all about how many complaints created in the system and how many completed technically and what is the cost involved for each complaint .
    Like we want the comparision between the planned cost and the actual cost .
    Now to give the logic to the BI Team for planned cost and actual cost , please suggest the flow of logic or table flow to arrive the planned and actual cost
    thanks in advance

    Hi Marthand,
    I am not sure which datasource your are using. In this case, you can use the 0VALUETYPE to differencitae between th eplan and actuals. Normally Plan which is budget will have value 050 and for actuals will have 010. For costs, you will have one key figure and at the reporting level, you will have the costs restricted by the value type for plan and actual to make comparisons.
    Hope this helps.
    Regards,
    Srinivas

  • Why we use different clearing account for GR/IR and planned cost clearing a

    My client ask for using same account for GR/IR account and all planned cost clearing account.
    i try to convince it should be different accounts but he needs a logical answer.
    Why we use different clearing account for GR/IR and planned cost clearing accounts?

    Dear friend.
    u just tell him while doing GR it will debited n  while doing IR it should get credited.hence we  need to take diff G/L account or same account.
    regds
    nasir

  • How to add "Cost Plan Version" and "Planned Cost" into CNE5 report?

    Hi,
    I would like to display Cost Plan Version(VERSN) and Planned Cost in the CNE5 report.
    How to retrieve Planned Cost that based on the Cost Plan Version ?
    Appreciate helps. Thanks.
    Regards,
    See Mun

    Plan versions:   A plan version is created in accounting and stores different cost plans for a project, such as an "optimistic" and a "pessimistic" plan.
    Now coming to plan version 0 is verson where actaul cost is updated in your organisation.
    Plan version 1 is used for the planning...
    How to see the  same in CJE5 is suggested by Virendra..
    However there is no filed name planned cost  in report but the name of the filed is Proj.cost sched.000
    with which you can achieve your result.
    path is run txn CJE5>give your Project no.> F8> in new screen> F5-->in new Window scroll down in the  right side for the Proj.cost sched.000 filed > with select take the same to left side>Enter--> values will displyed for this field in your report.
    similarly you can use the other fields as well... take help of F4, to know the meaning of fileds.
    Regards
    Nitin
    Edited by: Nitin  Patoliya on Jan 17, 2009 11:18 AM

  • 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

  • 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

  • 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

  • Dashboard content is not populated with Planned Cost and Actual Cost

    Hi
    We are working in cProjects 4.0 + ECC 6.0 implementation. I could not get the data for columns in Planned Cost and Actual Cost in cProjects Project Dashboard. I have properly mapped the config settings and created and assigned a Project in PS
    Has anybody got this data in the Dashboard?
    Kindly suggest the solution
    with regards,
    K Rama Krishna
    9394712743

    Hi Rama,
    It is difficult to say, where the problem is.
    but typically, the causes of the problem are
    customizing is  set incorrectly or the evaluation is not carried out.
    You can run the the evaluation DPR_EVE_BATCH_DPO additionally, please untick the flag 'check the last changed date'.
    Hope, it helps.
    Kind regards,
    Zhenbo

  • 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.

  • 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

  • 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

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