cost of the goods

[Former Member]

Dear Forum,

When the goods issue to order or cost center, the cogs debited and inventory credited.

1 May I know when is the cost being calculated so that when the time I do GI, the system know how much to post.

2 Normally how many kind of cost included?

Thanks

[Former Member]

Hi,

1. Cost of manufacture of a Product is what the value of goods sold or Cost of Goods sold (COGS). Either, you use the SAP Costing module (CO-PC) to let SAP determine COGS or you can manullay input COGS into material master fields (Standard or Moving Average) in Accounting view of Material master. In either case, COGS is stored in the material master valuation (Accounting) view.

2. You mean in a COGS? Whatever costs it takes to manufacture a product is included in COGS, for instance Material cost, Labor cost etc.,

Hope this helps.

PS: There is lot of documentation available online SAP help protals and please refrain from using this forum for asking such basic questions and restrict to only questions of clarificatory in nature or issue based questions.

Make an effort to read the SAP help documentation for all your basic questions.

http://help.sap.com/saphelp_erp60_sp/helpdata/en/80/ea89395eb58c4f9d0c3e837cf0909d/frameset.htm

Mods (Moderators) will lock your threads, if you continue to ask such basic questions, so no one can reply to it.

Edited by: Pradeep kumar Athmakur on Feb 27, 2010 12:41 AM

[Former Member]

Dear Forum,

Only with costing run for finish goods with S type can see the estimated cogs/cogm in accounting view1 cost estimate button.

Others like raw material or trading item cannot see.

I would like to know how to determine the cost if i sell raw materials and also the cost for trading item.

Thanks