Target cost version 0

Hi,
currently we are using target cost version 0 to calculate production variance. But to get correct production variance in relevant variance category it is needed to have current standard cost updated in material master.
But if we skip updating standard cost it'll not present the target cost and variance categories all variance included in remaining variance category.
We need to change target cosing version 0 to get any updated standard cost when it calculate production variance. But its not possible as target cost version 0 embedded with current standard cost.
Pls advice and give clear idea of target cost and target cost version if somebody having a good idea on this.
Thank you !

Hi,
Please find below link for your needful.
http://help.sap.com/saphelp_erp60_sp/helpdata/en/90/ba6242446711d189420000e829fbbd/content.htm
Regards,
Santosh

Similar Messages

The target costs in target cost version 0 are missing

Dear Experts,
I am getting following error while running Varience cost through KKS2:
Only remaining var. in version 0 - no target costs for 000001061683 0001
Message no. KV151
Diagnosis
For the calculation of variances with 000001061683 0001, the target costs in target cost version 0 are missing for the following reasons:
There were no planned costs and/or planned quantities (see earlier message).
The quantities on which the planned costs were based are zero in the time period concerned. This may be caused by the fact that no goods receipt for a cost object (such as a product cost collector or production order) has been entered.
This results in target costs of zero.
System response
Because no target costs were calculated, the difference between the
planned and actual costs could not be broken down into variance categories. The difference is updated as a remaining variance.
Please suggest, How to proceed.
Regards

First check this...
1.Go to t.code OKEV.Select Controlling Area 2222 and create Plan / Target version.
The standard system supplies the following target cost versions:
Target cost version 0 ( total variance)
The amount of the total variance generates a posting in Financial Accounting during settlement.
For this version, select actual costs as the control costs and standard cost estimate as the target costs.
Target cost version 1 ( production variance)
For this version you choose actual costs as the control costs and planned costs as the target costs.
Target cost version 2( planning variance)
With target cost version 2, the costs from the preliminary order cost estimate are interpreted as control costs. For this version, select planned costs as the control costs and current cost estimate as the target costs. You cannot calculate planning variances for the product cost collector.
Target cost version 3 (production variance of the period)
You compare the planned costs of the period calculated on the basis of an alternative material cost estimate (such as a modified standard cost estimate) with the actual costs of the period on the basis of the yield delivered to stock in the period.
2.Also try In CO02 goto cunctions...cost...
3.Go to transaction OKV6 these settings control what values are used to update the target costs.
Target cost comes from the standard price calculated when doing a costing run. Actual costs are costs that you incur during the production order (we can reassign costs during the order so this could be different from the standard price).
Target Costs=Actual Quantitiy X the Standard Cost Estimate Price..
Probably the stand.cost estimate will be missing in ur case...

Understanding Target Cost Version Differences for 0 and 1 for process order

Our client need to understand the differences between our target cost versions that are utilized in calculating the process order CO03 cost analysis. When should each target version be used and why do the variances change? See example below.
Target Version = 1 Target Cost Prelim Order Cost Estimate
Version = 0 Target Cost for Prod Variances
Can you please provide analysis and help me on this.
I higly appreciate for your help.
Thanks in advance.
Seshadri

I recommend that you post this in CO forum.

Extraction error "Target cost version in controlling area does not exists"

Hi Gurus,
I am trying to pull some data from a SAP OLTP system into SAP BW 710 system, using extractor "0CO_PC_02". The data load is failing with the below error message:
Target cost version in controlling area does not exist     KN     147
Target cost version 2 not defined. Check your entry     KV     35
Internal program error ( Order 000010510554 Version 002 )     RM     11
Errors in source system     RSM     340
The same error is thrown when I am trying to execute the extractor in RSA3 in the source system.
Please help me with the resolution of the same. It's a high priority job we are handling as of now in this.
Thanks & Regards,
Vikas Kr.

You are attempting to display data on a target cost version that does not exist in controlling area.
see this http://forums.sdn.sap.com/thread.jspa?threadID=1609418
http://www.consolut.com/en/s/sap-ides-access/d/s/doc/YV-KN147

Error in Target cost version

Hi Experts,
Can any body solve following error.
I was creating Target cost version ( T-code OKV6 ) but facing following error.
Version 2222 1 not intended to be used as the target cost version
Diagnosis
The specified target cost version has not been flagged in central version maintenance as suitable for variance calculation.
Procedure
1. Check the entries in the central version table.
2. If appropriate, flag the version as suitable for variance calculation.

Hi Raja,
The standard system supplies the following target cost versions:
Target cost version 0 ( total variance)
The amount of the total variance generates a posting in Financial Accounting during settlement.
For this version, select actual costs as the control costs and standard cost estimate as the target costs.
Target cost version 1 ( production variance)
For this version you choose actual costs as the control costs and planned costs as the target costs.
Target cost version 2( planning variance)
With target cost version 2, the costs from the preliminary order cost estimate are interpreted as control costs. For this version, select planned costs as the control costs and current cost estimate as the target costs. You cannot calculate planning variances for the product cost collector.
Target cost version 3 (production variance of the period)
You compare the planned costs of the period calculated on the basis of an alternative material cost estimate (such as a modified standard cost estimate) with the actual costs of the period on the basis of the yield delivered to stock in the period.
Try using "0" Version in combination with your Controlling Area.
Pls revert back with result...
Srikanth Munnaluri

KKS1- Target cost version found zero

Hi,
We are using PPPI route for the creation of Process order..plant person convert planned order to process order, but due to some reason they can not confirm that order and finally without GR/GI they can do TECO the order...Now at the month end when costing team run KKS1, every time they can found error of those order...Error - Only remaining var. in version 0 - no target costs for order..."...My question is,can we remove this error during running of KKS1...
Rajesh Mehta

Hi!
Are you using target cost for Production Order? Without having target cost (Planned Cost), it is not possible to run transaction KKS1 (variance calculation)? Because for variance calculation, it will compare with your actual cost on the production order. Hope it useful to you.
Thanks & Regards,
Taral Patel

KKS1 Only remaining var. in version 0 - no target cost Message no. KV151

Hi,
I am trying to variance calculation using T-code KKS1 but i am facing error as below,
Only remaining var. in version 0 - no target costs for 000001000010
Message no. KV151
Diagnosis
For the calculation of variances with 000001000010 , the target costs in target cost version 0 are missing for the following reasons:
There were no planned costs and/or planned quantities (see earlier message).
The quantities on which the planned costs were based are zero in the time period concerned. This may be caused by the fact that no goods receipt for a cost object (such as a product cost collector or production order) has been entered.
This results in target costs of zero.
System Response
Because no target costs were calculated, the difference between the
planned and actual costs could not be broken down into variance categories. The difference is updated as a remaining variance.
please guide me or missing any config
Thanks
Shital

Hi Shital
there are many posts available in the forum already on this topic... I would recommend to search the forum before posting any question, thats the rule of the forum
You are facing this error for one or more of the following reasons
1. Your standard cost estimate is not released. This must be released before GR from the production order
2. If your contr area currency is diff than comp code currency, then your cost estimate must also be updated in contr area currency.. You do this in costing variant (OKKN)
3. GR might not have been done in the month for which you are calculating variance... i.e. This production order was created, say, in July end but actual processing and GR done in August.. So when you calculate variance for July, this error appears. In this case, you can ignore this error
Regards
Ajay M

Target Cost in the settled process order become zero after cost deletion

Dear all,
User has standard cost estimates created in Jan 2010 that valid until the end of 2010 for every material in the system. user created a process order in April 2010. Target cost of the order was created based on the standard cost estimate and recipes as well as order qty. The order was also confirmed and settled in April 2010 without problem.
However, after I deleted all old costing estimates before I did a costing run for all materials in May 2010, the old order was resettled and all Target cost is removed from the order. I guess system try to look at April costing estimate but it is not there since it was deleted before I created the new costing estimate in May. Therefore, all varainces are throwed into remaining variances since the target cost become zero.
Other than mark the settled order for deletion or keep all old costing estimates, I am just wondering is anyway in the configuration to prevent the system to recaculate the target cost again for the settlement so I can avoid the problem happens?
Thanks.

Hi,
Target costs are only calculated after goods movements have occured on the order, the Target Costs are then calculated during the Variance calculation.
Target costs will only be calculated after the first goods receipt has been posted to the order. Also you have to ensure that the information to calculate target costs exists on the system in particular in OKV6.
This estimation is based on the customizing for the Target cost version in transaction OKV6 as in turn will the "real" calculation of the Target costs via the variance calculation.
So in OKV6 the Target cost will be based on preliminary costing on the order, an alternative cost estimate or the current standard cost estimate. Importantly if the choosen option is not fulfilled e.g. no current standard cost estimate, the target costs will not be predicted or calculated.
regards
Waman

Target costs not displayed in process order

Hi,
We have set up a small PI scenario. The issue we are facing is that the target costs are not displayed in the order. Actual costs appear after confirmation, but target costs appear as zero.
We have maintianed cost relevancy in work centers, defined valid activity types, maintianed price in material master for all components and also run the standard cost estimate and released it.
Please let us know what we are missing and why this error could be happening?
Thanks in advance,
Ashok

Target costs are populated when you do the goods receipt. System will search for the released standard cost estimate and then apply that for each material component. If these 2 conditions are passed, then you will get target cost in order,
You need to define the following,
1. Variance Key - Transaction "OKV1"
2. Assign that to Plant using "OKVW"
3. Define Variance Variant using "OKVG"
4. Define Valuation variant for WIP/Scrap calculation using "SPRO"
5. Define target cost version by assiging sl no 3 & 4 and also how the cost calculation should be used.
Once this activities are completed, execute production/process order and then after goods movement and some confirmations process Variance using "KKS2" as a period end activities.
Edited by: sarin toms on Dec 2, 2008 2:26 PM

Target Cost in Process Order not calculated

Hello,
In Process order, after deliver of FG the target cost is not getting calculated,
Could you please help me why the target cost is not calculated in process order.
I have configured all setting for WIP and Variance

Hi,
Target costs are only calculated after goods movements have occured on the order, the Target Costs are then calculated during the Variance calculation.
Target costs will only be calculated after the first goods receipt has been posted to the order. Also you have to ensure that the information to calculate target costs exists on the system in particular in OKV6.
This estimation is based on the customizing for the Target cost version in transaction OKV6 as in turn will the "real" calculation of the Target costs via the variance calculation.
So in OKV6 the Target cost will be based on preliminary costing on the order, an alternative cost estimate or the current standard cost estimate. Importantly if the choosen option is not fulfilled e.g. no current standard cost estimate, the target costs will not be predicted or calculated.
regards
Waman

Target Cost Verion in Product Cost

Hi,
I'm not able to create Target Cost Version (1,2,3.....) in variance Calculation pertaining to Product Costing.
I'm getting this message:
Version 1000 1 not intended to be used as the target cost version
Message no. KQ243
Diagnosis
The specified target cost version has not been flagged in central version maintenance as suitable for variance calculation.
Procedure
1. Check the entries in the central version table.
2. If appropriate, flag the version as suitable for variance calculation.
Please help & guide urgently.
Regards,
Viki
[email protected]

Try running a variance analysis, and see if it civd you an error message. typically this occurs when a SCE estimate was created after the process/production order was created. So check the dates of the two orders that you have, and compare with the date of the SCE CREATION.

Total Target Costs - Factory Output showing "0"

Hi,
We have repetitive manufacturing at our location here. After the backflush has been posted I am unable to see any factory output updates under target costs in my "costs" under cost collectors. We dont have std cost estimate for our materials and our material prices are periodically updated through material ledger through the monthly costing runs. All FG's have preliminary cost estimate and our target cost versions point towards this estimate. Could you please let me know what could be the reason behind not seeing any costs under the "factory ouput" under "Total target costs"?
thx,
CN

Hi
Please Transfer the source Cost Components to the Target Cost component structure ( Ex. Cost Component Structure 01, updating all the source CCS ) in T.Code : OKTZ
Please check and get back to me.

No Target Costs, so No Variances calculated

We have an order type (PCOL) for Collective Orders. If we create 1 that is just a single order, it calculates target costs, and resulting variances fine (same as our std order type PP01). However, if we create a structured set of PCOL orders (Lead order with multiple sub orders), none of these calculate variances (PA doc), and we get message KV017 when we run variances on them.
Looking into it further, I can see all the target costs on these orders are nil, despite the fact the all the costing data on the control tab is the same as the songle PCOL order.
We does this structured set of orders not calculate any Target costs, and consequently no PA variances?
Any advice greatly appreciated
Thanks
Graham

Hello again
The full errorr text is during varinace calculation (trans. cosd kks2) is:
Only remaining var. in version 0 - no target costs for 000002000063
Message no. KV151
Diagnosis
For the calculation of variances with 000002000063 , the target costs in target cost version 0 are missing for the following reasons:
There were no planned costs and/or planned quantities (see earlier message).
The quantities on which the planned costs were based are zero in the time period concerned. This may be caused by the fact that no goods receipt for a cost object (such as a product cost collector or production order) has been entered.
This results in target costs of zero.
System Response
Because no target costs were calculated, the difference between the
planned and actual costs could not be broken down into variance categories. The difference is updated as a remaining variance.
there is a released standard cost fir the material
i checek that an itemization is saved for the costing varinat (planned costs for pp order)
I would be Grateful to get some help
Best regards
Michal

Target Cost was zero in production order

Hello,
We are experiencing every 1st day of the month target cost was zero for those production order which basic start date was on the 1st day of the month, this happen last march and this april it also happening but in january and february we did not experienced this issue. we wonder how this happening to us, since as we check those production order which basic start date was on the 2nd date and prior all has values in its target cost, this is for same finished material. How was this happening to our plant? how can we check and resolve this issue? am on a PP guy, as i have check the data of those order nothing peculiar for me, and it those material has cost estimate ok, this was released on the 01.01.2009 in this costing run will last untill of the year this was also been seen in the material master data current cost estimate.
As we have search for the performance assistant in SAP it thus tells us:
Total Target Costs
Total value of the target costs.
Calculated with the following formula:
Total target costs = Target cost debit + Target cost credit.
Use
Target costs are the planned costs adjusted to the actual operating rate.
The target debit on a manufacturing order is the sum of the activity-independent planned debit of the order and the activity-dependent planned debit of the order multiplied by the actual quantity of the order.
The target credit of a manufacturing order results from the goods receipt postings to stock. The delivered actual quantity is valuated with the planned price according to the price control.
The total value of the target costs is the sum of the target debit and the target credit.
The target costs are calculated during variance calculation and updated to the database.
The target costs cannot be shown until you have performed variance calculation for this target cost version. The target credit for the calculation of the total variances and production variances cannot be calculated until an actual quantity for an order exists after a goods receipt posting.
For the calculation of variances, the target costs are compared with the control costs.
Dependencies
The calculation of target costs depends on the selected target cost version.
But still we don't know how to check the issue and fixed it:
Please help us and guide us to resolve this issue
Thanks

Hi,
in some more details i have found out on our issue, one of the prerequisite for our variant calculation is Variance calculation at the manufacturing order level requires that the order is fully delivered (final confirmation is done) and technically completed ( except order pass through the mid night of period end ). Those informations can be displayed in the manufacturing order status.
order should be TECO right? but as said on this order pass through the mid night of period end can be have variance calculation, thus am right? this could be affect why the target cost was zero?
Thanks

Target costs are not appearing in Production order

Dear friends,
I have created cost estimate for a material on 22.08.2010. I have posted so many back log entries from 1st aug to 22nd aug i.e creation of production orders and goods issues to the production orders and and goods receipts from the production orders. Now I am not able to see the target costs in the production order even after running the variance calculation. Plz help me how to get the target values in the production order.

Hi
1. Have you released the cost estimate from CK24 before GR from prod order? Check if field Current price in Costing 2 view is not Zero
2. If your contr area currency is different than comp code currency, then your costing variant should allow you to release the cost in contr area currency as well.. T code OKKN ("assignments" tab)
3. Check if target cost version 0 is defined properly and assigned to your contr area
4. check if variance key is there in your prod order.. you can assign default var key to plant in OKVW
Regards
Ajay M

Target cost version 0

Similar Messages

Maybe you are looking for