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Former Member

Product costing

Hi,

Worked on FICO .Planning to gain entry into PRODUCT costing.

Appreciate to get some pointers to pick up fast.

Regards, PARAMESH

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  • author's profile photo Former Member
    Former Member
    Posted on May 10, 2007 at 05:45 AM

    Hi

    I too almost similar situation like you and tried to understand CO-PC . as per my understanding Product Costing has 3 major parts

    1.Product cost planning ( Where all setting relating to planning are done. here understanding about Cost Component and Costing Varient is important )

    2.Cost Obect Controlling ( Here config relating to actual flow of cost to CO-Pc module will take place , Here understanding about Result Analysis, Variance Analysis important )

    3.Material Ledger/Actual Costing ( In the initial stages not advisable to touch this area , once familiar with the above to then this can be understand )

    One more thing is before understanding above , its advisable to understand the flow of values with in controlling and from to other modules ( for this i found AC040 material is the best )

    In the initial stages of learning product costing if you refer so many books etc may lead to confusions . So be learn specific topics first as mentioned above or as mentioned by other members.

    I have mentioned above points with my very little experiece/ knowledge in product costing . Request Experts to rectify any mistakes or suggest any betterment.

    All the best

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  • author's profile photo Former Member
    Former Member
    Posted on May 10, 2007 at 04:46 AM

    Hi

    Go through the notes for

    1. Cost component structure

    2. Costing Variant and its components

    3. Period end closing activities like Result analysis

    This will be a very good initial understanding

    Anand

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  • author's profile photo Former Member
    Former Member
    Posted on May 10, 2007 at 05:09 AM

    Hi,

    Find this link

    http://help.sap.com/saphelp_47x200/helpdata/en/7e/cb938143a311d189ee0000e81ddfac/frameset.htm

    and try to understand these concepts

    KP26 setup activity rates

    CR01 setup work centers

    MM01 setup material masters

    CS01 setup Bill of Materials

    CA01 setup routings

    ME11 setup purchase info record

    . Define Calculation Bases

    KZZ2 Define percentage overhead

    Define Credits

    Define costing sheets

    OKTZ create cost component structure

    OKK4 Define valuation variant

    OKKN Define cost variant

    .OKYV Activate cross-company costing

    CK11N Mark up

    CK24 Releasing &

    CK40N

    All the best

    Regards,

    Murali

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