Use
The following graphic shows you the types of cost estimate you can create, the stage of the production cycle at which you can create them, and the functions that you can use for this purpose:
If you are planning a new product for which there is no master data in the R/3 System, you can carry out the initial planning and cost projections by creating a base planning object. For more information, see
Reference and Simulation Costing.When the first master data (such as the material master) is created in the R/3 System at a later date, you can use the material cost estimate without quantity structure to manually plan the cost of goods manufactured and cost of goods sold for the product, and use the base object cost estimate as a reference for this. For more information, see
Material Cost Estimate Without Quantity Structure.When the complete master data (such as BOMs and routings) is available in the system, you can create a material cost estimate with quantity structure, which automatically calculates the cost of goods manufactured and cost of goods sold from the existing data. For more information, see
Material Cost Estimate with Quantity Structure.Features
You can create cost estimates at different times and for different purposes during the course of the fiscal year:
The following table gives you an overview of the purpose of the various cost estimates:
Type of Cost Estimate |
Purpose of Cost Estimate |
Base planning object |
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Standard cost estimate |
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Modified standard cost estimate |
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Current cost estimate |
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Inventory cost estimate |
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The following graphic summarizes the quantity structures and prices used in costing in addition to the purpose of the respective cost estimates:
You use costing variants to specify the purpose of costing and the quantities and prices used. The costing variant is the central control key of a cost estimate. Using the various settings in the costing variant, you can specify the quantity structure to be valuated and the prices to be utilized. In essence, you are stating whether the cost estimate is a standard, modified standard, inventory or current cost estimate. For more information, see
Preparing for Costing: Customizing.