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Former Member

What is costing variants?

What is mean by costing variants?

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    author's profile photo Former Member
    Former Member
    Posted on Oct 23, 2007 at 05:40 AM

    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

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 23, 2007 at 05:57 AM

    what is valuation variants?

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    • 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

  • author's profile photo Former Member
    Former Member
    Posted on Oct 23, 2007 at 05:44 AM

    Hi all,

    Can you please descripe in more detail

    Thanks,

    Chien Yee

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    • 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

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