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Former Member

Cost Analysis: Planned Vs Actual Cost Variance for cost

Hai

Which is the standard cube for "Cost Analysis: Planned Vs Actual Cost Variance for cost"?

Because i need these fields

Cost Element

Actual Cost

Plan cost

Debit Posting

Credit Posting

Controlling Area

Cost Centre

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2 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Sep 14, 2011 at 07:40 AM

    Hi nvr,

    Cost Element : Cost Element nothing but a which product your spending

    Actual Cost : How much amount your spend on particular product

    Plan cost : How much amount you need to spend on particular product

    Debit Posting : In Accounting they are doing one positng that is depend on Debit and Credit.

    Credit Posting:

    For Exp: your parchase one product RS.500/-

    In FI they are posted like this.

    Product Name DR.(Debit) 500

    to Cash 500 (Credit)

    here product name is debit posting

    cash is credit posting.

    Controlling Area : Which area your spending the money

    For Exp: You have Man.Company your doing some processes which process that cost is spend nothing but a Controlling Area.

    Cost Centre : cost Centre nothing but which process.

    Hope its' helps .

    Thanks and Regards,

    Venkat.

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 14, 2011 at 10:44 AM

    Hi,

    There a Standard Cube - 0COOM_C02 - CO-OM: Costs and Allocations (Delta Extraction); which will give you almost all the required field for your reporting and if anything additional requirements you can enhance.

    Thanks,

    Sunil

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