Target cost = Actual cost
hello,
in our MTO, the target costs vs actual cost story runs smoothly
in our make to stock process however, the target cost = actual costs.
Where is the steering for this? can it be changed?
kr
Nico
In our deployment we use this feature (Target cost) and it does not represent actual costs. Our OKV6 screen shows the control costs are actual, but target is from Current Std Cost Estimate. It is my understanding that this approach makes the Target costs show the received parts in make-to-stock at standard costs. This is useful when your order is set to make more or less than what was actually received. The Plan will show the planned quantities at standard. Imagine you create a job to make 100 units, but only receive 70 units and TECO the order short. The Target would show the plan quantities times 70% rather than the entire planned values to make 100 units. Each view (Plan, Target and Actual) have their own use and benefit.
Similar Messages
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Report for bom wise target and actual cost as well as qty at line item
Dear Experts,
Is there any standard tcode for bom wise target and actual cost as well as qty at line item level for the month.
there is one tcode s_alr_87013127 but user has to double click in order to get line item details.
I want to see line item wise breakup/bom wise target and cost cost as well as qty.
Thanks in advance.
regards
RKDear experts,
I am still looking for a revert.
regards
RK -
Report for production order with actual and target cost for each
Hi
Is there any report that gives me the list of all production orders in a month with its respective actual and target costs?
I can use COOIS to get a list of production orders, then double click on the prod order, then click on goto and then to cost analyis.. but can i avoid going through all this and get a report with the details i need?
thanks in advanceThanks a lot for that.
I'm a little confused with the columns in the report.
Which columns should I keep for my requirement? -
Production Order
Total Target Cost
Total Actual Cost
Total Actual Qty
Total Target Qty
Thanks -
Process Order Cost Analysis Target and Actual Quantity Missing
This is related to Process order costing .
Issue : Before activating Material Update field in Costing view 1 of Material master , we have created few process orders and Delivered .
Hence cost analysis shows Actual and target cost fields Empty in COST ANALYSIS report of order . After Updating field in Material master , New Process orders are calculated with Actual and Target cost .
Solution needed : How to do Actual and Target cost estimation back in cost analysis report for old process orders which are created before Material Update field ?You have deleted the Component in the BoM.
Then you have created a production order, check if the start date of this order is after the date change in the BoM..... Can be that the component stills exists in the order ? Have you tried deleting the compoent in the order BoM ? -
Percentage based overhead based on target cost of actual production
Hello,
I'm trying to calculate percentage overhead (overhead as a % of total cost of production) using the usual overhead group, overhead key ,costing sheet, etc.
Also put the overhead group in the material master.
Although I am getting it correctly as part of product cost planning, when it comes to calculating this overhead on a production order, it does it based on 'total actual costs' posted to the order. I want it to calculate the % overhead based on the standard cost of actual production (the target cost).
I would really appreciate some help on this.Hi
If that's the requirement, you can achieve through template allocation. Refer the doc contributed by arturo senosain
I use a workaround for such cases. Add an activity type in routing with activity quantity same as base qty of routing.. Say, 1 PC
Maintain the activity price as .15. And you are done
Br. Ajay M -
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,
TapanHi 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 -
Target cost, planned cost, actual cost difference
Hi!
As per my understanding , the target cost, planned cost, actual will be calculated like blow:
Actual cost = Actual quanity * Actual price ( standard price or moving average price) existed at the time of goods movement.
Planned cost = Planned quantity * Planned price ( standard price or moving average price) existed at the time of production order release based on valuation variant strategy.
Target cost = Planned Quantity * Actual price ( standard price or moving average price) when calculating variances.
whether above formulas are correct?
I have one scenario, where in process order, I am not seeing Planned quanity for compoenent/raw material, but target quanity is existed. How it is possible. When I have checked the BOM in process order, the BOM does not contain the componenet.
regs,
rameshHi,
Target Cost = Costs as per the standard cost estimate * Actual Qty delivered.
For e.g. Std cost for one unit of material-x is as follows.
RM 1 - 10kg * 10 /- = 100
Activity 1 - 5 Hr * 50 /- = 250
If the actual delivery from the production is 2 units, then target cost will update as
Under Goods Issue, RM 1 - (10kg*2units) * 10 /- = 200
Under Confirmations, Activity 1 - (5 Hr*2units) * 50/- = 500
Total = 200+500 = 700
Target cost for goods issue/confirmation of activities will update only when the Goods receipt has been done but not at the time of goods issue or Confirmation of activities.
Target cost for Goods Receipt will update only when the variance has been calculated for the order.
Regards
MadhuSekhar Gupta G -
Actual / Planned / Target Cost and Quantity
Hi Experts,
In the company that I am working there is the need of having a report with the following information:
Plan Cost, Actual Cost, Target Cost, Planned Quantity, Actual Quantity for diferent materials using the cost component split structure or with the different accounts.
Can anyone helpme with this need?
Regards
Edited by: DAG123 on Jun 30, 2011 2:59 PMHi
COSP: For External Postings (Target/Plan/Actual)
COSS: For Internal Postings (Target/Plan/Actual)
COSPD (Actual only): Settlement entries i.e. GR and GI upon confirmation, for Primary cost elements
COSSD (Actual only): Settlment entries i.e. activity confirmation
Target/Plan/Actual is differentiated by a separate indicator
br, Ajay M -
Huge Variance between Target cost and Actual Cost
Hi,
In Product Costing,I am getting Huge variance between Target cost and Actual Cost.It is showing the Target Cost as ZERO.Why i am getting this target cost as Zero? what could be the reason? Kindly help me in fix this issue.
Thanks
SupriyaDear,
First do the GR final DEV for Production order
You need to do the variance calculation in KKS2, then when you save the variance, the target cost is calculated.
Target cost appear after GR. And you will get the Variance also right.
Please try and come back.
Regards,
R.Brahmankar -
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. -
Differentiate Planned Cost, Actual Cost & Targeted Cost
Hello Friends,
I am searching for job and went for interview in Wipro. They asked me the difference between Planned, Actual and target cost..... I tried to search on Google and SAP Blog's but couldn't find the appropriate or understandable answer yet, So it would be great if you you can guide me a bit on this......
Thank You,Hi,
Any PP related queries you can search in Forum ERP: Manufacturing.
Pls refer the link.
planned cost and actual cost
Thanks,
nandha -
Target cost /actual cost /variance issue
hi
target cost as per cost component structure is appearing after production order is saved
but after production order confirmation T Code CO15 actual cost is appear but target cost disappeared and because of this variance showing full value of actual cost
why this is happening
what is the reason
please suggest to resolve the issue
Regards
DharmendrarDear,
Once you do the GR of that Prod Order and the status will DLV then the Target will show. Run KKS2 and then check your result.In production order or KKBC_HOE
Regards,
R.Brahmankar -
KKS2 ran for future periods; Target costs double the actual costs
Hi
Variance calculation was accidentally run for period 011/2012 and it affected several orders in that the target costs are showing double the actual costs (period 01 + period 11) of year 2012.
Is there some report in SAp that would give us a list of orders for which KKS2 (variance calc) was run for period 11 2012.
Best wishes
Raj.hi
Thanks for your responses. But nothing has answered my question
Is there a report in SAp that could give me a list of all orders for which variance calculation was run for period 11 2012?
I used several reports including KOB3 and s_alr_87013140 but nothing gives me that list.
Thanks in advance for your replies. -
Production Order wise List for Target cost v/s Actual cost
Dear Sir,
We have make to order scenario . We want to have a list giving Production Order wise "Target Cost" and "Actual Cost" . The purpose of list is to analyze the Variances Production Order wise .
I request to kindly guide us , how can the above list be generated please .
Regards
B MittalKKBC_HOE - With Defined Summarization Hierarchy
S_ALR_87013104 - Sales Order Selection
KKAC - For Sales Order with Assigned Orders
KVBI - Actual Costs
KOB3 - Variances -
Valuated WIP at Target Cost or Actual Cost
Hi,
In a production order, how do we valuate it at target cost or actual cost?
Thanks,
TeoHello Sir ,
As per sap wip is valued at actual cost only.
Thanks & Regards
A.V.J .Krishna Reddy
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