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Reconciling the Indirect cost in Product costing

Former Member
0 Kudos

Hi Experts,

I have the indirect costs like machine, labour etc. Once the production is over how do we reconcile these values. or how do we come to conclution these costs are correct. or how to compare these values.

I am getting my total COGS from the GL account, i can get these from good issue document. if we split this COGS we get Raw material, machine, labour etc

How can we compare these indirect costs to arrive at conclution

Please clarify

Regards,

Ram

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi Ram

You can check the reports KKBC_ORD for Production order and KKBC_PKO if you are using Product cost collector. We use these reports in our company to reconcile. You can change the layout to different views to see the values cost components wise or cost element wise etc.

Hope this helps.

Regards,

Vishnu.

Former Member
0 Kudos

Thank you Vishnu,

Here we are using product costing with sales order. i think the Transaction KKBC_KUN is useful for us.

Here in this report i have COGS plan cost for 5000 and actual cost for 5060. The variane is 60.

Do i need to settle this, if i settle this cost where it will reflect

And i would like to know how to settle this,

Please let me know the process

Regards,

Ram

Former Member
0 Kudos

Thank you Vishnu,

Here we are using product costing with sales order. i think the Transaction KKBC_KUN is useful for us.

Here in this report i have COGS plan cost for 5000 and actual cost for 5060. The variane is 60.

Do i need to settle this, if i settle this cost where it will reflect

And i would like to know how to settle this,

Please let me know the process

Regards,

Ram

Former Member
0 Kudos

Hi,

Variance calculation is done thru transaction KKS1 and after settlement run in KO88 the variance posted to respective variance GL a/c.

Regards,

Sreekanth

Former Member
0 Kudos

Thank you Sreekanth for clarification

Regards,

Ram

Answers (0)