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Steps invole in Production order costing

Former Member
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hi Gurus,

Plz tell me all steps involve in production order costing from creation to settlement.

Accepted Solutions (1)

Accepted Solutions (1)

Anupam1143
Active Contributor

Answers (1)

Answers (1)

Former Member
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Hi,

Pls. go through following link :[Production Order Costing|]

This will give you overall idea of Production Order costing thoroughly.

Revert in case any doubt.

Regards,

Tejas

Former Member
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hey thanks tejas, i'm checking that one only, wil get back to you in case of any doubt

Former Member
0 Kudos

Thanks for help.

I'm also looking for complete product costing steps.

can anyone suggest?

Former Member
0 Kudos

Hi,

Kindly details of Production Order costing & settlement procedural steps :

1. After Final Confirmation of Order ( Status : CNF) make GR for for order using Tcode : MIGO / MB31 so Production Order Status will be DLV.

2. Then complete the order technically by using Tcode : CO02--> Functions ( Menu)---> Restrict Processing -


> Technically Complete. You can carry out TECO for multiple Orders in Tcode : COHV (Mass Processing).

3.Now Calculate Overheads using Tcode : KGI2 - Individual Processing

CO43 - Collective Processing

4.Calculate WIP using Tcode : KKAX - Individual Processing

KKAO - Collective Processing

5.Calculate Variance by using Tcode : KKS2 - Individual Processing

KKS1 - Collective Processing

6.Finally do the settlement of Order in Tcode : KO88 - Individual Processing

CO88 - Collective Processing

Revert in case still you have any doubt.

Regards,

Tejas

Former Member
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Thanks for your prompt reply

can u also tell me for what purpose and when we do Transaction CK11N and CK40N ?

Former Member
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hi.

the transactions are for calculating Standard cost estimate, & updating the std price in Material master

CK11N is for single material

CK40N is for multilevel & multiple products.

Former Member
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Hi,

Just to add Mithun's answer, if you use CK11N then you need to use one more transaction CK24 for marking of Standard Price because CK11N only creates standard price so marking need to be done separately in CK24.

On the other side, you can create as well as mark / release standard for multiple materials as well in one transaction CK40N.

Hope your doubt is cleared.

Regards,

Tejas