SAP Database - The Unofficial SAP Knowledge Base

Free Business and Tech Magazines and eBooks

Terminologies in Product Costing

Print This Post Email This Post Written by rajivsharma.sap on Nov 5th, 2008 | Filed under: Finance (FI)

Results Analysis Key: This key determines how the Work in Progress is calculated.

Cost Components: The break up of the costs which get reflected in the product costing eg. Material Cost, Labour Cost, Overhead etc

Costing Sheets: This is used to calculate the overhead in Controlling.

Costing Variant: For All manufactured products the price control recommended is Standard Price. To come up with this standard price for the finished good material this material has to be costed. This is done using Costing Variant. Further questions down below will explain this concept better.

If you like this post, you may as well like these too:

  1. Product Costing & Material Ledger Product Costing Overview Acquire an overall perspective of Product Cost Planning within R/3. Observe a product life cycle from the perspective of Product Cost Planning. Acquire an overall perspective of...
  2. Product Costing Flow Made Easy Product Costing involves with understanding all the expenses involved from all the stages of production till the product gets sold in the market. You understand about raw materials, transporting, selling...
  3. SAP Product Lifecycle Management Up until now, the main job for solutions, in the area of Product Data Management (PDM), has been to forge links between technical and commercial information processing, between engineering on...



This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

One Response to “Terminologies in Product Costing”

  1. Your provided very good information.Thanks for sharing this article.

Leave a Reply

  • Subscribe to RSS

  • Free Ebooks