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Define
Valuation Variants
Here you create a
valuation variant that contains the required parameters for the
valuation of a cost estimate.
You also specify which costing sheet is used to
calculate overhead.
Valuation
Strategies
Here you define the
sequence in which the system searches for prices from the accounting view or
costing view of the material master record to valuate materials. You can also
access prices from purchasing info records andcondition types.
For material cost
estimates, you also specify whether additive costs can be added to the
selected price.
- Activity Types /
Processes
Here you define the
sequence in which the system searches for prices in activity type planning or
actual activity price calculation in Cost Center Accounting or Activity-Based
Costing to valuate the utilized activity types and business
processes.
You also specify
which plan/actual version is used.
Here you define the
sequence in which the system searches for prices in the purchasing info
record. In purchasing, the
quota arrangements are used to create a mixed price for materials
that are manufactured with external vendors with parts provided by the
customer. You can specify whether the quota of the individual vendors that are
entered in the list for the material to be processed should be determined
through the planned quota arrangement or the actual quota
arrangement.
Here you define the
sequence in which the system searches for prices in thepurchasing info record
or routing operation for valuation of the external activites.
Strategy Sequence
You define the individual valuation methods for
the valuation variant as strategy sequences. For the valuation of the material
components you define a strategy sequence that reads the fields of the
material master record in a particular sequence such as:
1. Planned
price 1
2. Standard
price
3. Moving
price
The first price that is not zero is used to
valuate the material component.
Overhead costs
You can link the valuation variant for
definition of overhead to a costing sheet. You can also enter a costing sheet
for the allocation of overhead to raw materials, if you want to use specific
overhead conditions for raw materials. If you want to differentiate overhead
application according to material groups, you must have
defined overhead groups and made the necessary settings for the
costing sheet in the step
Define costing sheet.
You can also specify whether overhead is
calculated for subcontracted materials in material costing.
Price Factors
If you want to use the valuation variant for
inventory costing, you can link it with
price factors.
Standard
Settings
The standard system provides a number of
predefined price strategies.
- For material valuation, you can choose up to
five (5) strategies for each valuation variant.
- For activity types/processes, you can choose
up to three (3) activity prices for each valuation variant.
- For subcontracting, you can choose up to three
(3) strategies for each valuation variant.
- For external processing, you can choose up to
three (3) strategies for each valuation variant.
You can modify these valuation variants to suit
your requirements by changing the standard strategy sequences as
necessary.
Activities
1. Enter an
alphanumerical key and a name for the new valuation variant.
2. Define a
strategy sequence for the valuation of material components.
a) To do so,
select a price from the material master.
If you access prices
from purchasing info records and condition types, you can enter up to three
sub-strategies. If you take prices from condition types, you must assign these
condition types to origin groups in Customizing. (See Raw
Material Cost Estimate)
b) For each
material valuation strategy, you can specify whether additive costs are to be
included in the valuation of the material component.
3. Define a
valuation strategy for activity types and processes and assign a plan/actual
version from cost center planning.
4. Define a
strategy sequence for subcontracting and choose a
quota arrangement for subcontracting.
5. Define a
valuation strategy for external processing.
6. Assign a
costing sheet under Overhead applied to semifinished finished
materials to the valuation variant.
7. Specify
whether overhead rates should be calculated for subcontracted
materials.
You can enter a
costing sheet for the application of overhead to raw materials under
Overhead on material components .
If overhead should
be calculated for subcontracted materials, you can specify this
here.
8. Save your
entries.
9. Assign the
valuation variant to a
Note
If you want to use different valuation
strategies or different overhead rates in plants that belong to the same
company code, you can define plant-specific valuation variants by assigning a
valuation variant to a plant. Choose the push button Valuation
variant/plant. If you don't do this, the valuation variants
apply to all your plants.
Note
Materials valuated seperately with
the material ledger
The standard price is not included in the
material ledger data, but rather the current planned price which, as a rule,
does not vary from the standard price. In the valuation variant, specify that
the system should also look for the current planned price for the valuation of
materials. This ascertains that, even in the case of seperate valuation, a
price is found for the valuation of materials.