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Sap Product Costing Configuration Guide

Process to be followed for product costing
There are two aspects:-
1. Calculating standard cost estimate
2. Order costing
Process:-
1. Create materials
2. Create secondary cost elements for defining activity types
3. Create secondary cost elements for defining credit elements in costing sheet
4. Create activity types (use category 1 and price calc as 3)
5. Define prices for combination of cost center and activity type in KP26
6. Define costing sheet
7. Define cost component
8. Define components of costing variant
a. Date control
b. Valuation variant
c. Costing type
9. Define costing variant
10. Next, create standard cost estimate
Use either CKUC (for multi unit costing) or KKPAN (for material without quantity structure)
In case of costing with quantity structure (means with BOM) we use CK11N (for individual material costing) and CK24 for update price in material master and CK40N for mass costing and update material price.
If want to capture OVERHEAD then overhead group and OH key to be defined, OH group is defined in MATERIAL MASTER. While rates are maintained for OH key with validity dates. This OH rates are then captured in cost sheet and then roll up in material cost thru use of costing variant.
11. Next to update prices, use the below transaction CK24 for price update
Regards,
Mangesh Panse

Sap Product Costing Ppt

May 26, 2016  Hi All, I need Product Cost Configuration and End user manuals,could you please share to me. Thanks and Regards Vijay Patil. Product Cost Controlling (CO-PC) SAP AG Product Cost Planning, Costing Run, Primary Cost Component Split Product Cost Planning, Costing Run, Primary Cost Component Split Purpose Product Cost Planning is used to plan costs and to price materials. It determines the cost of goods manufactured (COGM) and cost of sales (COS) for each product unit.