Std. cost estimate:costing sheet

Dear experts,
I have configured costing sheet as per my client'requirents in new valution variant.
Now I want same valuation variant to be used in newly created costing variant as ZPC1.
Right now Costing variant ZPC1 is using standard valuation variant "001"
So please guide me how to realise this configuration.
Also throw some light on how to link this costing variant to cost component structure.
Regards,
Sameer

Hi Sameer,
As regards, having two costing variants referring to a single valuation variant, note the following from SAP help.
Although it is technically possible to have two costing variants with the same costing type and valuation variant, this should be avoided to prevent data from being overwritten.
The reason for this is that the key structure for the costing results in the database uses the costing type and the valuation variant, rather than the costing variant.
You can always, create another valuation variant by copying the existing one and assign it to new costing variant.
We can discuss, if you face any challenges in following SAP recommendation.
Hope this helps.

Similar Messages

Display Dept. amount in Std cost estimate cost component view

Dears,
During implementation of Repetitive manufacturing, my customer Requirement is to have 4 activity types:
1- Utilities : (Elect-water-GAS ... Etc)
2- Labor : (salary - bonus ..Etc)
3- Depreciation : (Depreciation exp)
4- other : like (maintenance .. Etc)
he wants that so he can know this classification of the above costs liek depreciation per material in the standard cost estimate so my question is:
Is it applicable to display the above requirement and using only 2 activity types
Labour and machine
and use the cost component structure to display the above req ?
as an example:
in CK11N : if i switch to cost component view to display the depreciation amount and Etc
Thanks and best Regards,
Ahmed Samir

Salaam Ahmad
You have both choices.
You can go with 4 act types or go with 2 and use costing sheet for the other costs
I will prefer 4 act types
Br. Ajay M

Material cost estimate- Cost componenet structure

Hi,
when i run the cost estimate it does not show me any amts on the machine and labot , i hav set up the activtiy type for labor, machine, setup , did kp26 , assigned the act, types to work center for that cost center, routing is defined for that work center too, the cost comopnnet str for direct labor and machine has the sec cost element defined too,
i am wondering how it's not calcualting and showing the amts for dieret labor and machine , on the other hand if i assign the act types directly in the routing then it shows up in the cost estimate by picking up the time from the routing , but do we really need to assign in the rouing usually it picks up from the
kinldy let me know
thanks

Hi,
just check the below:
You planned activity dependent costs in KP06 for the Activity type & Cost Centre comination and run KSPI.
You have specified the Activity duration in the Rate routing .
Regards,
R.Rajaraman

Cost estimate/costing run

Hi
What is the difference between cost estimate and costing run?
Thanks,
Nivi

Hello Ram,
There are 3 steps in Costing Procedure. They are
1. Creation of cost estimate
2. Marking of cost estimate
3. Release of cost estimate
Once you release cost estimate, then only system will update the required fields in the database and can be used for transactions.
Hence, cost estimate means, it is just estimated total cost of the product and Costing Run means which inclusive of all the above three steps to complete the total process.
Please let me know if you require any further clarifications.
Thank you,
Regards,
Santosh
Reward points if helpful.

Latest Cost estimate itemization Table

Dear All,
Could some one tell the table name where I can fine the particular material's latest released cost estimate date by each item number and item category.
I use the CKIS table , but the Costing date field (KADKY) of CKIS is not matching with my latest cost release date in my cost estimate (Cost date from : KADAT)
For example :
Material master R1234
Costing Date from : 01/01/2014 ( Latest cost released date)
Item Number : 1
Item Category : L
Value : 100
Thanks,
Ram

Hi Ram
CKIS table is the itemization table.
Cost is always released from 1st of the month and this might be different than the Costing Date From. You need to find the Cost estimate number from keko and then retrieve from CKIS
Also if you are intending to make a Z program, use the Bapis. I have answered it many times, you can search it
Those bapis start as Bapi*cost*estimate*. You can search in SE37
Br. Ajay M

CK11N, release new costing estimate

Hello all experts,
Please help me on the following question, thank you!!
For example: Product A, it has a standard cost estimate which is released on 01.01.2010, it's costing date from is 01.01.2010 and costing end date is 31.12.2010. In the middle of the year, for example in May, the exchage rate was change a lot, so we want to release a new cost estimate for it. The costing start date is 01.05.2010 and costing end date is 31.12.2010.
My question is: Is it possible for me to do so directly in CK11N and then mark and release it in CK24?
Thank you very much!!!
Mavis

Dear,
The Standard Cost Estimate/Costing Run will be executed only in Company Code Currency i.e., Local Currency. Exchange rate differences will happen only during execution of Actual Postings.
For example : Goods Receipt of 100 units @ $ value of Rs. 45.
Finished Goods Account   DR      4500
GR/IR Clearing Account    CR       4500
Invoice Receipt/Invoice Verification -MIRO:
Invoice Receipt 100 units @ $ Value of Rs.48
If the stock is available, the Inventory/Stock Value will be revaluated with the new price. If the stock is not available the Exchange difference will be posted to Exchange Gain/Loss Account based on OBYC settings, like this.
Exchange Gain/Loss A/c     DR     300
GR/IR clearing A/c               DR   4500
Vendor A/c                            CR   4800
If you want to update the Material Master with new Standard Price, you need to Reorganize existing Cost Estimate through t-code CKR1 and re-run t-codes CK11N and CK24 for Mark and Release the new price.
Regards
appalas
Edited by: appalas on Jan 27, 2010 7:07 AM

Diff between Planned Cost - Target Cost

Hi all of you,
Could you please explain me the difference between Planned Cost and Target Cost. Why do we go for the settlement of Variance (Diff between Actual cost and Target Cost).
Please give me your valuable suggestions regarding.
Thanks & Regards
Ramki

HI,
Let us say, for the product X, my planned cost through standard cost estimate is 100 Rs. This has been found through executing the t code Ck40n or Ck11n.
One more assumption is, We have created production order with quanity 10. Did Goods receipt 10 nos.
Now ,,
Planned cost is = Std cost estimate cost x Qunaity=100 x 10= 1000
Target cost: This is being used for comparison purpose. You can have many versions of cost using target cost. let us say, I want to have target version price should be equal to priliminary cost estimate instead of std cost estimate. This can be achived through customizing in t code OKV6. And production order will pick up the target cost value as per the target cost version.
This target cost field in Prod. order gets updated once you run variance calculation.
Actual cost:
Standard cost * actual qty= 100*10=1000
Settlement:
While doing GR/GI to order, the cost is captured under the production order. if there is a difference between actual and plan, that should be posted to Price diffference account.That activiry is being done at the time of settlement.
vijay

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 AM

Hi 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

How to include ED in Std.cost estimate

Dear all
My client want to add ED to Std. cost estimate in receiving plant(Depot). I have acheived this by way of additive cost estimate manually. but my client wants that system could pick up the Ed from SD where ED is maintained SKU wise.
At recieving plant(Depot) the std.cost estimate is like this
Std cost from production Plant
ED from SD
Freight ( certain % on ( St.cost+ED)
Std cost at depot
Is it possible to get above scenerio?
Pl help me out
Regards
SPSankaram

HI
Standard formula for workcenter costing is SAP008 , you have to specify in the costing and capacity tab , whereas for scheduling specify SAP004
then try creating the order
regards
thyagarajan

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

We cannot do std cost estimate every month in ML

HI
Can we do std cost estimate whenever required with changed price,
can i change the price in material master -how
regards
sowmya

Hi,
We can do std cost estimate once in a month. If we want to do multiple times in a month we should reorganise the material cost estimate using CKR1.
We can change the material master price for a material with out standard cost estimate using MR21.
If standard cost estimate exist, use CKR1, the use MR21.
Regards,
Rijo Paul

Costing sheet and standard cost estimate

Hi
I am trying to use Costing sheet for overhead calculation .
But in costing run I am not getting the overhead amount calculated .
I created the costing sheet and assigned that to valuation variant .
Where from the actual / Plan values being picked up for over head calculation .
More over I need to understand on what basis the %age for overhead can be calculted to be aborbed to material cost .
In costing run I am having ZERO values for overhead .
I have followed the following steps
Costing Sheet: Components
Define Calculation Bases
Define Percentage Overhead Rates
Define Quantity-Based Overhead Rates
Define Credits
Define Overhead Keys
Define Overhead Groups
Even then the Production overhead is not being calculated at the time of Cost Run
for standard cost estimate .
regards

Do you enter overhead group in the material master.
Key that groups together materials to which the same overhead is applied.
Procedure
In costing with and without quantity structure, and when costing production orders and run schedule headers, you can apply percentage overhead charges by means of an overhead key if you:
Assign a costing sheet to your production order or run schedule header, or to the valuation variant for the cost estimate
Enter overhead charges in this costing sheet that use the overhead key field
Assign the overhead key to an overhead group
Enter this overhead group in the material master record of the material

Std Cost Estimate-Processwise

I have a requirement and seek your clarification:
Here we are in the process of settings of Product Costing. The client wants to have a display of cost estimate as follows:
Here the production process has 3 stages. Once the Standard Costing is run, it should be able to view the cost estimate as follows:
Process-I : Raw Material Cost xx
                   Direct Labour Cost xx
                   Overheads              xx
Process-II : Raw Material Cost xx
                   Direct Labour Cost xx
                   Overheads              xx
Process-III : Raw Material Cost xx
                   Direct Labour Cost xx
                   Overheads              xx
What is the best way out ? Do I have to have different cost elements for same item process-wise ?
Please give your inputs.

Hi Nikitha
I am not able to understand where your issue is...
This requirement is pretty standard and is addressed with in std SAP itself....
For each of these process,I am sure, you would be having a separate material code.... i.e. say, raw mat 1 is inputted... After passing through Process 1, It is termed as SFG A... Then A passes through Process 2 and the outcome is termed as SFG B and similarly FG C
Each Material A, B and C has its own BOM and routing.... BOM for B, will have A as component and BOM for C will have B as component....
When you execute CK11N for each one of these, cost for each A B and C is stored separately because each material is a separate entity in itself.. There is no reason why you would define separate GL accounts for them...
In CK13N, each one of them will show you its own cost...
You can await inputs from other members also...
Regards
Ajay M

Std. cost estimate

Dear Experts,
We have ROH, HALB & ZMAT as materials. The question is with respect std. cost estimate.
The cost estimate are run for HALB & ZMAT items created on day to day basis. However cost estimate is executed for all the HALB & ZMAT on alternate months.
I would lke to know the best practice or industry standard on this issue on the frequency of estimates. I appreciate any other points rellated to this point.
Thanks in advance.
T.S.Shankar

hi read the following basics of CO-PC
1)A material cost estimate used to calculate the standard price in the
material master record.
2)The cost estimate must be executed with a costing variant that updates
the material master, and the cost estimate must be released.
3)Forms the basis for profit planning or product costing where the focus
is on determining the variances.
4)Typicall, a standard cost estimate is created for each product at the
beginning of the fiscal year or new season or BEGINING OF THE PERIOD / MONTH.
5)Standard cost estimates establish standard prices for semifinished
products and finished products. The costs calculated in standard cost
estimates are used to valuate materials with standard price control.
A costing type that calculates the cost of goods manufactured for a
product during the course of a planning period.
It differs from the standard cost estimate in that it uses the quantity
structure that has changed during the planning period as the basis for
calculating costs.   ( WHEN EVR YOUR PLANNING WILL BE CHANGED    )
CURRENT COST ESTIMATE
1)A cost estimate that can be created at any time to valuate the current
quantity structure with the current prices.
This cost estimate serves the following purposes:
A) You can compare its results with the results of the standard cost
     estimate to support decision-making in production.
B)You can transfer the results of this cost estimate to the material
     master and use them to valuate the goods receipt when working with
     materials that use the moving average price.
Regards
Mala K Reddy

How to Run a Cost Estimate with Budgeted Values parallel to the Std Cost Estiamte

Hi Experts,
My client want to run a parallel cost estimate with Budgeted values for each type of cost in a similar process like standard cost estimate(currently only Std business run only the std. cost estimate). Below will be provided to run the said cost estimate.
     1. Budgeted Cost for cost elements against each cost center
     2. Re-posting/distribution will be required run to allocate and apportion the cost from service cost centers to Production cost centers
     3. All Planned(future) Material Cost will be provided. (note that the valuation strategy of costing variant of standard cost estimate has below sequence
     4. Budgeted activity quantities will be provided. (Cost and activity qty for Kp06 and Kp26)
Based on the above data business need to run a cost estimate with budgeted values parallel to the standard cost estimate(based on planned values), which will be compared with actual then Budget at each months.
Simply an alternative cost estimate with budgeted values for a given period for all materials.
Kindly advice the possibility of such a cost estimate in the system and if possible pls. mentioned the Process in order and configuration steps for the same.
Thanks in advance.
Aziz

Hi..
You can define costing variants which have valuation variant for budgeted values parallel to the standard cost estimate in Customizing for Product Cost Controlling.
You can define target cost versions using above costing variants under the customizing transaction OKV6 as below picture.
When you calculate variances, you can check “all target cost version” flag to calculate variances for all target cost versions in the controlling area as below picture.
You can analysis the difference between actual cost and several budget cost using target cost version as below picture.

Std. cost estimate:costing sheet

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