What is costing variants?

[Former Member]

What is mean by costing variants?

[Former Member · Accepted solution]

Hi

This section contains the steps necessary for you to define the following control parameters for material costing with quantity structure, which are assigned to the costing variant.

Define Costing Types

Define Valuation Variants

Define Date Control

Define Quantity Structure Control

Define Transfer Strategy

Define Reference Variants

Best Regards

Ashish Jain

[Former Member]

what is valuation variants?

[Former Member]

Hi

The valuation variant determines which values are used to valuate the materials and activity types included in the cost estimate. It determines:

Which price is taken from the material master record, or which values are taken from the cost estimate, in order to calculate the material costs (see also: Valuation of Materials)

Which price, and which plan/actual version, are taken from Cost Center Accounting to calculate the costs for internal activities (see also: Valuation of Internal Activities)

Which price is taken from the purchasing info record, purchase order, or operation to calculate the costs of external activities (see also: Valuation of Externally-Processed Operations)

Which price is taken from the purchasing info record or purchase order to calculate the costs for subcontracting, and which quota arrangement is used to valuate the subcontracting (see also: Valuation of Subcontracting)

Which costing sheet is used to calculate overhead or to determine a process template to calculate process costs (see also: Overhead)

Best Regards

Ashish Jain

[Former Member]

Hi all,

Can you please descripe in more detail

Thanks,

Chien Yee

[Former Member]

The costing variant contains control parameters and settings for costing. These settings determine how costing is executed, such as which prices the system uses to cost materials, activities, and business processes.

The control parameters in the costing variant and the settings you need to make will vary depending on whether you are creating a material cost estimate or a base object cost estimate.

A costing variant for material cost estimates contains additional control parameters, such as for automatic determination of the quantity structure and for updating the prices in the material master.

Each costing variant specifies a particular valuation variant and costing type.

Best Regards

Ashish Jain