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Cost component view comes into play for the updates as only the Commercial Inventory view can update the Commercial Inventory fields and only the Tax-based Inventory view can update the Tax-based fields. First of all, costing variants using this costing type can be used for updating the Planned Price fields in the Costing 2 tab of the materials as well as the Commercial and Tax-based Inventory fields on the Accounting 2 tab. For costing types defined as Prices Other than Standard Price, there is a lot more flexibility as to which views can be used for update. Commercial Inventory prices can only be updated from the Commercial Inventory cost component view, and Tax-based Inventory prices can only be updated from the Tax-based Inventory cost component view.
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Commercial and Tax-based Inventory price updates contain special “Determination of lowest value” logic used when updating those fields. The possible definitions are No Update, Standard Price, Commercial Inventory, Tax-based Inventory, and Prices Other than Standard Price. The Price Update field in the costing type definition using transaction OKKI (Figure 5) defines which fields can be updated for the Costing Variant. Another rule that comes into play is the configuration of the Costing Type.įigure 5: Price update definitions for various costing types The combined costs associated with all cost components which are assigned to that category make up the standard cost.
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The Inventory Valuation Cost category is the only one that is used for updating standard costs. There are rules about which cost component view is used for each of the material master fields. In addition, the Planned Price fields on the Costing 2 tab can also be used for update. Besides the standard cost that is updated on the Costing 2 tab, there are three commercial inventory prices and three tax-based inventory prices that can be updated on the Accounting 2 tab of the material master. However, it is easily remedied as the costing category portion of the cost component definition can be changed and would go into effect immediately.īeing able to see these costs in a cost estimate is one thing, but even better is the fact that SAP provides places in the material master to be able to store this information as well. This is something that we didn’t pick up on during our initial system implementation. For example, the External Procurement view, which is based on the Initial Cost Split that contains special logic to represent only purchasing costs, will automatically account for the purchase price portion of any cost estimate as long as the cost components have been defined properly. One result of this is that multiple values are automatically determined when creating one cost estimate, and each has its own special purpose. Although only five of these views are readily available in the cost estimate, the costs can be displayed in any of the configured views by selecting a specific view.įigure 4: Cost component views in a cost estimate The values displayed for each view are made up of the cumulative values of the cost components included in the cost estimate. When creating a cost estimate, up to five of these views are directly visible in the result (Figure 4). For example, Cost of Goods Sold combines the categories Sales and Administrative Costs and Costs of Goods Manufactured. One or more of these categories can be assigned to a given cost component view. The above example in Figure 3 assigns the Cost of Goods Manufactured category to the cost component view Cost of Goods Manufactured. A new installation comes with eight pre-configured views, but others can be added as needed.įigure 3: Cost category assignment to a cost component view Cost elements assigned to this cost component can either be for Cost of Goods Manufactured and Sales or Administrative costs (or not relevant for either).įigure 2: Cost component view configurationįigure 2 shows the defined cost component views for the implementation.
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This actually defines one of two different categories in an either/or selection. The exception to this is the Cost of Goods Sold area. A specific cost component can be assigned to more than one cost category. Each of the highlighted items in Figure 1 above defines a category of cost. When a cost component is defined in transaction OKTZ, there are several settings that control both how it is used in a material cost estimate as well as whether the specific cost component is relevant for updating the cost in a particular material master field.