Costing date in Product Cost Controlling

Definition

Date or period that determines the beginning of validity for a cost estimate. The date or period becomes part of the key when the cost estimate is saved.

Use

The following indicators in the costing type control whether a date becomes part of the key when cost estimates are saved in material costing:

• If Without date is set, the cost estimate will be saved without a date.

• If With date is set, the cost estimate will be saved with the current date.

• If With start of period is set, the cost estimate will be saved with the date of the first day of the period. In this case, it is possible to update the standard price in the material master record.

Procedure

To access a cost estimate using the date as a selection criterion:

• For cost estimates saved without date, leave the field blank

• For cost estimates saved with date, enter the exact date

• For cost estimates saved with start of period, enter the first day of the period in which you want to search for a cost estimate