Steps for running the Standard Cost Estimate

I have a requirement.
I have created cost sheet, cost component structure, costing variant etc. for running the standard cost estimate for the material. 
I want a help document for knowing the PP side settings and list of order-wise transactions for calculating the standard cost of the material.
Regards

hi neeraj
pls forward satndard cost estimte document fo my gmail id nsvshiva
Regards
shiva

Similar Messages

  • Can we use two costing variants for standards cost estimate release.

    Hi,
    We have 2 plants (plant 5100 and plant 5200) under company code 5000.
    We have run standard cost estimate(CK11N) for material 98001000027 at plant 5100 using costing variant ZG01 and at plant 5200 using costing variant ZG02. First, we released  standard cost estimate (CK24) for this materia at plant 5100 and set (in marking allowance) costing variant ZG01 and costing version 01. Next time when we are trying to release the standard cost estimate for the same material for plant 5200, it is automatically picking ZG01 as costing variant in marking allowance and it is not allowing to change the costing variant to ZG02 saying Company code 5000: Release already carried out, cancellation not possible, Message no. CK797.
    Is it possible to use two different costing variants for release of standard cost estimate for a material at two different plants at the same company code? If so how?
    Please suggest.
    Thanks,
    Bijay

    Hi,
    Thanks for your reply again.
    What is the benefit of assigning "Single Valuation Variant same to different Plants" ? In costing variant also we can assign maximum only one valuation variant and this valuation variant will default for all the plants, and hence I dont think it is necessary to assign same valuation variant to different plants.
    My  issue is :
    Example: ( Standard Cost Estimate for material 98001000027)
    Plant - 1
    Material Cost                                             Rs.100
    Labour Cost                                               Rs.50
    Overheads (10% of Labour Cost)                  Rs.5
    (say ,through costing sheet - 1)
    Total Standard Cost Estimate                      Rs.155
    Plant - 2
    Material Cost                                             Rs.150
    Labour Cost                                               Rs.100
    Overheads (20% of Labour Cost)                  Rs.20
    (say, through costing sheet - 2)
    Total Standard Cost Estimate                      Rs.270
    Now, Please explain why we cannot have two Standard Cost Estimates for a material at two different plants? If it is possible to have two standard cost estimates for a material at two different plants, how to take care of  overheads (rate of which varies) at two different plants (plant - 1 > 10% and plant- 2>20%) as we can assign maximum one costing sheet to a valuation variant variant?
    How to map the system so as to meet the above requirement?
    Thanks,
    Bijay

  • In standard cost estimate the cost of alternative items flowing in full

    Hi,
    when i calculate the standard cost estimate in repetitiv manufacturing the
    complete cost of all alternative items in alternative group is flowing  to it.
    how to restrict  it
       thanks in advance
    regards
    madan

    Solution
    1. make one of the materail in BOM, as not releavent to costing....depeding on which alternative is better to get the correct std cost
    2. Use stargergy 1 usage probnability may be 50% and 50% for alternatives...depending on usage of that material.

  • Error during variance calculation for production order "NO cost estimate "

    hi all,
    I'm gettin this error message while trying to calculate the variance for a production order. error is "No cost estimate for material xxxx for 01.10.2008.
    when i look at material xxx in MM02, under cost estimate for current period there is a value but nothing for previous period. So i'm guessing the the Cost estimate was not run of this material? am i correct here?
    Now if i try to run cost estimate for material for the missing periods using CK11N, i get an error "cannot save for past period"
    Could some one tell me how can i get a prior year estimate into the material master?
    I tried CK40N and CKN1 but just cant get it to work...
    Thanks heaps

    Hi Tom
    unfortunately there is no easy way to get a product cost estimate for a past date. One of the reasons for this would be inconsistant product valuation.
    You could in theory create a cost estimate in a current date and use an ABAP or manually adjust the valid from and to dates directly in the tables (e.g. KEKO). To do this in a production environment would be restrictive off course.
    The standard cost estimate is the basis for the target costs so as an alternative you could look to change the configuration of the target cost version in OKV6 to either of the following:
    - Plan Cost/Preliminary Costing (that is the plan calc done on your production order)
    - Alternative Material Cost Estimate (one that is not necessarily a product costing that is set for marking and release).
    I hope this is of some help.
    Elaine

  • Reduce the Standard Cost by Percentage

    Hi All,
    We want to reduce standard cost by certain percentage rate ( for eg 5 %) when we run standard cost CK11N. Please suggest how to achieve this.
    For eg : - Standard cost is Rs 100/- for a material but while running CK11N we want it be reduced somehow by 5 % so that standard cost becomes Rs 95/-.
    Regards,
    Aakash

    Hi Aakash,
    Why do you want to reduce the standard cost estimate like that, what is your actual requirement? I hope it is not possible as you say. I don't see any requirement from client like this.
    If any experts have some idea on this, please share your knowledge, even I am eager to know as Aakash.
    Looks awkward, why don't you reduce your BOM and routing (but it leads to high production variances) by 5% to get your results?
    Regards...
    Jose

  • Excise Duty - Standard Cost Estimate

    Hi Experts,
    We have defined Excise duty as one of the cost component in the cost component structure.  Can some one explain how this Excise duty is posted as planned values in the Standard Cost Estimate ( For material cost quantity from the BOM and price from Material Master is picked up according to the Valuation Variant - defined strategy - similarly for Excise Duty how the system captures the Value).
    Please Help - thanks in advance.

    Hi
    If your Plant is not in an Excise Free Zone - Then You should not add Excise Duty as a cost component because you will be getting credit for the same
    If your Plant is in an Excise Free Zone - Then your MAP/Planned Price etc must be inclusive of Excise duty.... This is handled by marking the excise condition as Non Deductible
    So, in short, there is no way to show it separate... For Case b, you can use CK74N to add Excise component as Additive cost
    br, Ajay M

  • Blocking creation of production order if standard cost estimate is not done

    Hi PP gurus,
    Can anyone help me in blocking the creation of production order if the standard cost estimate is not done for the particular posting period.

    Hi,
    I do not think there exist a standart check. You can use exit EXIT_SAPLCOZF_003 to block creation of production order by sending error messages based on any condition.
    Regards.

  • Issue with Standard Cost estimates / Material Ledger

    Background:
    We have been using SAP for the last 5 years with Material Ledger active. Due to a number of reasons, we have not revised its standard cost estimates from 2001 till now. This means that at month end, we do not mark and release prices as recommended, nor do we mark prices and use dynamic release.
    What Happened:
    A new material called PFSW3 was made. This is a FERT. Before production
    could start my team released the standard cost estimate for this material. Production was now able to proceed without problem. Then, when the time came to sell the material (VF02), SAP again raised the error 'cost estimate not found'. On checking the standard price in MM03, we discovered that the future cost estimate was missing. So we created and marked a new cost estimate in the middle of February 2007.
    Problem:
    When the first sale took place, SAP released the marked cost estimate and posted a Price Change document to adjust for the new standard cost. I understand this was due to dynamic release. Now, when month end came, the system settled all the production orders of material PFSW3 but did not do multi level costing on it.
    Internal Investigation:
    My team has determined that the material PFSW3 has price determination 2 set by mistake. All our other production materials (HALB and FERT) are
    set to price determination 3 in the material master (accounting view).
    Questions:
    To sum this situation up,
    we need to know why the material PFSW3 was not marked closed in its period status (CKM3) at the time of closing through CKMLCP?
    What are the implications of not closing this material in Feb 2007 (current period status is showing 'Quantities and values entered')?
    How can we close this material this month?
    The future cost estimate is again missing for PFSW3 in March 2007 and I
    fear we are going to face more problems as this material is sold to customers.
    Please respond this is an urgent issue.

    Dear Shumyl,
    Please, have a look at Note 645083 - Material period status set to "Closing Entry Completed" that might help to closing your material in previous period.
    Hope it will be useful.
    Regards,
    Flaviano.

  • Standard Cost Estimate

    HI,
    When i run the std cost estimate ck11n for a material @ plant there are warning and error messages like this.
    W. ck. 723. costing of cycle 00001 does not converge
    E. CK . 740. Material xxx in plant xxx belongs to cycle 00001 costed with errors.
    What could be the reason system is throwing this error, please any one come across this kind of issue let me know the solution greatly appreciated..
    Srini

    Hi Expert,
    Please check the Product Costing Configuration again, check the settings and try again..
    Check your Costing Variant Settings and Check whether it is assigned properly to the Production Order Type...
    Regards,
    GK
    SAP

  • Problem with rounding in standard cost estimate.

    Hi All,
    Happy 4th of July!
    I have a problem with the standard cost estimate where the system try to calculate overhead costs (from costing sheet) with a fix percentage (9.7%) to the value coming from material consumption costs element.
    Let say I have $1.71 material consumption and the overhead rate of 9.7%
    The real calculation should be (1.71*0.097) = $0.16587
    But at CK11N screen, it shows only $0.16 (two decimal rounding)
    Is there a way that I can bump the rounding to at least 3 decimal point to make it more accurate?
    Very appreciate any input you guys can share. Thank you.
    Charitha

    Hi Chari ,
    My experience says that you can use only 2 decimals ..
    Moreover , please have a look into SAP Note : 639410 - CK11N, CK13N: Message CK869 due to rounding
    differences.
    There a some source code corrections also on rounding differences- check if it helps you also...
    Regards
    Sarada

  • No standard cost estimate found for the material

    Hi,
    When we are trying to generate the bill systems throws the error as "no statandard cost estimate found" whereas the material is a kmat material.
    Actually as per the requirement we should not Run standard cost estimate for any material,we will update the standard price in MR21
    What are the settings that i need to do  to avoid the above error message while doing billing?
    Following error msg is appearing:-
    No standard cost estimate could be found for material "300000"
    Message no. K/834
    Diagnosis
    In Profitability Analysis, an attempt was made while valuating with material costing to read for material "123456" a standard cost estimate released on posting date "02.10.2008".
    The system has discovered that there are no error-free standard cost estimates released in plant "BP01" on the specific date "02.10.2008" for material "123456".
    The material cost estimate is accessed according to the CO-PA Customizing settings for costing key "YG1" under Define Access to Material Costing.
    Display Cost Estimate for Material
    Display Material Cost Estimate without Quantity Structure
    System Response
    It is not possible to process the document further.
    Procedure
    Check your system settings.
    Thanks
    Kishore

    Remove the Costing keys assignment in the step "assign costing keys to any
    characteristics" in COPA Configuration settings.

  • Standard cost estimate could not be found for the material

    Dear All,
    We have 4 manufacturing plants and 30 sale depots. We are maintaining price control (S) for FG and SFG in Manufacturing plants,price control (V) at depots for the same material code. we are getting an error message " standard cost estimate could not be found for the material" while doing billing at depot.
    Please give me suggestion.
    Your suggestion should be appreciate.
    Thanks in advance............
    AND
    My client want to see profitability at manufacturing plant level and need break up for the COGM. So how can i get the values of depot sales.
    please let me know how to do........

    Hai
    Price control should be S for Depot also. You need to run standard cost estimate in DEPOT after entering additive cost under CK74N for frieght, excise duty etc. To transfer the standard cost from the source plant you  need to make configuration  in OMD9 defining the receiver and sender combination so that system can pick up the cost from source plant. This special produrement type needs to be asigned in the material masters of DEPOT under MRP 2 view.
    Pushkala

  • In running standard Cost Estimate, System is selecting wrong selection ID

    We have two Process in Production . one we use Process flow(PI), in other we use Production flow(PP).
    Now, while running standard cost estimate for Process industry(PI) as  it uses recipe instead of Routing...But system is searching/selecting for routing than recipe.
    Our issue is that when i run Cost run for Process orders , it should select Recipe not routing. And  when i do cost run for Production order...it should select Routing!!!
    Kindly help...
    Shivraja

    Verify the Routing determination sequence in costing varinat - Quantity Structure determination configuration.
    Change the Priority for the selection of task lists as below
    ID                  SP               Task           Plan Usage        Description  Status             Description of Status.
    01     1     R     1     Production     4     Released (general)
    01     2     R     1     Production     2     Released for order
    01     3     N     1     Production     4     Released (general)
    01     4     N     1     Production     2     Released for order
    01     5     2     1     Production     4     Released (general)
    01     6     2     1     Production     2     Released for order
    This should work as expected.

  • Can we use two costing variant for standard cost estimate

    Hi,
    Can we use two costing variant for standard cost estimate of two different materials in the same period ? e.g. Costing variant Z001 for Material code 1000 and Costing Variant Z002 for Material code 2000.
    Here the system is not allowing to change the costing variant in Marking Allowance (t code CK24) for marking and release of Material cost 2000 if the standard cost for Material code 1000 is already marked and released.
    Thanks,
    Bijay

    For a material in a period only one price can be released. Though you cn have two separate costing variants and then calculate standard estimate with that. U can release based on one variant only for a month. Or use MR21 and update the price as per the other variant
    Thanks and Regards

  • Template allocation for standard cost estimate

    Hi Guys
    Can you please explain me how template function is triggered when we run a std cost estimate? What is the link between two?
    Thanks in Advance
    Regards
    Sejar

    Hi
    Costing template is generally used for Activity Based Costing,
    Please check the following SAP help page for more information
    http://help.sap.com/saphelp_46c/helpdata/EN/c5/b02e8d1a3911d2a57a0060087d1f3b/content.htm
    Regards
    Sachin

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