In this 2 part of series, you will find notes for the SAP functionality of product costing along with the corresponding configuration settings.
In first part, you will get an overview of:
- Cost Component Structure overview
- Master data for product costing (materials, BoM, Recipe etc.)
- Costing variants
- Valuation variant
- Transfer Control concepts
- Costing type, Costing version, Marking allowance
- Costing sheets for overheads
- Cost center planning and activity rates
- Joint production, co-products, by-products
- Costing of materials sourced from other plants
and in second part, you will get an overview of following topics:
- Process Order Costing
- Overheads Application
- Period End: WIP/Variances/Settlement
- FI Entries for Process Order Steps and PE Closing
- Actual Activity Price Calculation and Cost Center absorption