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Product Costing: Overview
Standard Cost Estimate
(once a year/Per Month)
Planned Order
&
Production Order
Production Costs
Receive Finished Stocks
Month End Closing
Post Materials Costs
Debit Secondary cost
Credit Production Output
WIP Calculation
Variance Calculation
Settlement
Preliminary Costing
Create Cost Object
Release cost estimate with quantity structure
Mark cost estimate with quantity structure
Create Cost estimate with quantity structure
Product Costing - Costing Variant
COSTING
VARIANT
Strategy for
transfer of
the existing
cost estimates
Determination of :
- Bills of Material
- Routing
Defaulted dates for
costing
Costing Sheet
Determination of:
- prices update
in material master
Valuation control for:
- materials
- internal activities
- external activities
- subcontracting
- overheads via
costing sheet
Product Costing – Product cost flow
Standard Cost Estimation
Snapshot of product costed in SAP
Activity Price Calculation
Production order – Actual cost
Product Costing – Month End closing
Production order – Month End activities
Production order – Subsequent process

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Product Costing_1.pptx

Editor's Notes

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