Actually, I am new to this package
, In Other Package (RAMCO ERP)
(The Process is like follows:
a. Production Work-Order Resource
Cost Posts to Finance directly
b. Material Consumption postings
happens from OSV(Order Settlement Variance) of MAC Module(Management Accounting).
Please somebody explain me as
above in SAP.
The following are considered in costing,
1) cost of materials that you have issued for order
2) activity you have performed in terms of labour hours that you entered while confirming the order (the rates for the labour are defined in the activity planning tables of controlling module)..which is generally associated with a formula key and attached to a workcenter that is linked to a cost center also
3) overhead as applicable with respect to that cost center based on a predetermined cost center planning and its rate...
Anil
Costing updation in production order
How is costing updated for production
order?
After goods issue, conformation
& GR, we do TECO.
Before closing the order, costing
details should be updated. Is it not?
Could you please guide me as
to how this is done?
Also, what is the transaction
code to be used?
Planned cost is caculated if you
click 'cost calculation' in production order. GI go production order will
update actual material cost. Confirmation of production order will update
actual activity cost. You can settle cost once production order has status
TECO or DLV. From PP side, the transction is CO02
In IMG we can define that when we calcu. the planned cost.
There are 3 ways.
- Determine planned costs when
saving,
- Do not determine planned costs
when saving,
- Determine planned costs when
saving if released.
But the actual cost is posted when
we draw the material, when we confirm the order......We can use co02 and
click the calcu. cost to update the cost in the prd order.
Error in Cost Calculation
I am using 4.7. When I was saving
my production order, there was this error message that told me that there
was an error in cost calculation. Do you have any suggestions what I couldn't
have done? What can I do to fix this?
Check the log file in the Production Order -> Goto -> Logs -> For costing
Then take it from here....
Check whether the material for which you have created a production order has a price define in material master like Moving average price or Std price.
