In this step you make the settings for cost estimates with quantity structure. These settings are made in a costing variant.
For cost estimates with quantity structure, the settings in the costing variant determine how the quantity structure is selected and valuated by the system and how the overhead costs are calculated.
Costing type 01 is used to create the standard cost estimate for a material. This cost estimate can be created automatically using the data in the system ( cost estimate with quantity structure ) or manually using the functions of unit costing ( cost estimate without quantity structure).
Assume you want to carry out a valuation in which the materials are valuated with the standard price and the internal activities with the planned activity price in cost center accounting for the relevant period. You want the valuation date to be the beginning of the next posting period.
To do this you create a valuation variant that valuates materials with the standard price and internal activities with the planned activity price of the period. Then you create a date control ID that specifies that the valuation should be made using the prices that are valid at the beginning of the next posting period.
The Customizing settings are selected in the application through the costing variant. You create a costing variant that specifies costing type 01 and your valuation variant. The system creates the cost estimate using your settings and saves the cost estimate with reference to the costing variant.
Suppose you want to be able to transfer the results of the standard cost estimate to the material's master record as the new standard price. You do the following:
The standard system contains predefined costing variants.
Decide which costing variants you want to use or define.