Cost........

[Former Member]

Hi,

Can any one tell me the difference between planned cost, actual cost and target cost with there repective transaction codes?

[Former Member · Accepted solution]

For different pricing indicator

S--> Standard price

V --> Moving average price

In a Production order :-

Plan cost( for S price ) = Plan quantity * Plan price

Plan cost (for V price) = plan quantity *

moving average price (at the time of creating)

1. When we do Goods Issue

For S price:

Actual material cost=Actual Qty * Plan price

For V price:

Actual material cost=Actual Qty * MAP (at the

time of good issue)

2. Now during confirmation

For S/V price:

Actual activity cost=Actual confirm Qty * plan price for activity

[Former Member · Accepted solution]

For different pricing indicator

S--> Standard price

V --> Moving average price

In a Production order :-

Plan cost( for S price ) = Plan quantity * Plan price

Plan cost (for V price) = plan quantity *

moving average price (at the time of creating)

1. When we do Goods Issue

For S price:

Actual material cost=Actual Qty * Plan price

For V price:

Actual material cost=Actual Qty * MAP (at the

time of good issue)

2. Now during confirmation

For S/V price:

Actual activity cost=Actual confirm Qty * plan price for activity

3. Now when you do GR for production order

For S price:

G/R value = Target cost

= G/R quantity * Plan price

(G/R with standard price of finished

product)

For V price:

G/R value = Plan cost

=G/R qty * total Plan cost/

production Qty

(G/R lead to moving average price change)

[Former Member · Accepted solution]

Thanks Shalini

[Former Member]

HI

Planned Cost: It comes automaticall when you enter any material in order at any stage either before release or after release. this comes based on Standard cost estmation(ck11n and ck24n or CK40n), from material price

Actual cost: It come when you do confirmation in CO11n. and MB1A Number of material you used, consumptions and man power you used. Eg. You planned for 2 material but you used ony one so after confirmation only one material cost will come in order but in planned cost it will be cost of 2 material.

Target cost will come whwn you do the GI for components and GR for the Finished product.

all the above comes in CO01, Co02

-ashok

[rupesh_brahmankar3]

Dear,

Please refer my reply in this thread,

hope it will help you.

Regards,

R.Brahmankar