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Actual Cost of Product with Price control "S"

Former Member
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Dear Gurus,

Is there any report available where we can know the Actual Costs of Materials with Price Control "S".

In the material master field the actual cost in the "Moving Price Tab" of the material with Price Control "S" is available, but is there any report available for plant level?

Thanks & Regards,

Amit Dhanurdhari.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi Amit,

-- Under Standard Costing, you value your inventory at Standard Costs and any variances in Production Process will be settled to Price Difference Account. You will not be able to find out actual cost per unit. In Multi-level BOM scenario under Standard Costing (CO-PC), variances don't get rolled-up to the next level, only costs get rolled-up.

-- Under Actual Costing - Material Ledger, You will be able to find out the Actual Cost per Unit. Variances get rolled-up to the next level.

To explain difference between Standard Costing in CO-PC and Material Ledger briefly....

You have given Price Indicator as "S" in the material master of "X" material (semi finisher or finished) and you are doing Standard Cost Estimate for arriving at Standard Cost per tonne. Let's say, the Standard Cost per tonne is Rs.1000/-

Now, when you created production order for 10 tonnes and received output of 10 tonnes (GR). But the total cost incurred on that production order is Rs.1100/-. In this situation, actual cost per tonne is Rs.110.

But, because you are following Standard Costing, When you post GR against this Production Order, inventory will be posted at Standard cost only, i.e., Rs.1000/-. and the balance of Rs.100 will be posted to Price Difference Account. (and parallally the variance of Rs.100/-) will flow to COPA.

So, it is clear that, though, at Production Order level you can see the actual cost, at "material" level, you will not be able to see the actual cost per tonne.(as long as you are using only Product Costing and Standard Costing)

Alternatively, if you maintain Price Indicator as "V", you will able to get the Actual Cost per tonne at material level, but there will be no scope for establishing standard cost and comparison with actual thereof.

But, the same is possible if you are using Material Ledger (CO-ML). If Material Ledger is active, you will be maintaining "S" in the material master, still, the variances will be settled inventory and you will be able to get the actual cost per tonne. (bothe Standard cost estimate, actual cost per tonne will be possible).

Pls revert back for further explanation

Srikanth Munnaluri

Answers (1)

Answers (1)

Former Member
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HI,

Please try and use transaction cost S_P99_41000062. It gives you both the standard price as well as the periodic unit price (actual price) for material where price determination is '3' and valuation type is 'S'.

Regards