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Define Costing Versions

Costing versions enable you to create multiple cost estimates for the same material and analyze the different results in the information system.

When you cost materials, the costing variant you specify defines various control parameters for costing.

Because the costing variant contains all parameters for costing, it can be time consuming to create new costing variants every time you want to make minor changes in the control parameters.

The costing version enables you to simulate such changes without having to create new costing variants.

You can make the following changes:

You can define settings for the selection of transfer prices in Customizing for Enterprise Controlling.
When you use costing versions, you can specify how these transfer variants are selected.
If you don't use costing versions, the exchange rate type is determined through the valuation variant specified in the costing variant.
If you use costing versions, you can specify that a different exchange rate type should have priority.
Mixed cost estimates are created with reference to a costing version. You can create more than one mixed cost estimate for the same material; such cost estimates are differentiated by their costing versions. See also: Define quantity structure types

Standard Settings

Costing versions 1 is the default in the application.

Activities

1. Choose New entries.
2. Maintain at least one of the following fields for which you want the settings for transfer price determination, exchange rate type, and quantity structure type to be valid:
a) Two-place version number
If you enter version number zero, this entry applies to all costing versions.
b) Costing type
If you don't enter a
costing type, this entry applies to all costing types.
c) Valuation variant
If you don't enter a valuation variant, this entry applies to all valuation variants.
3. Enter the transfer price version, exchange rate type, or quantity structure type you want the system to use.
4. Enter a name for the costing version.
5. Save your entries.

Further Notes

You canupdate the results of a standard cost estimate that was calcuated using any costing version to the material master record. The system uses the costing version that was defined through the valuation variant and costing type combination.

Note

If you make the entries and also cost production versions, add the costing types for preliminary costing of product cost collectors under version zero and don't maintain any further fields for these entries. This assures consistency when you cost different versions in repetitive manufacturing.