Material costs appear in the itemization as costing items of category M. These items are determined automatically in material costing with quantity structure. In unit costing (that is, material costing without quantity structure or base planning objects), you enter the materials manually as items of category M.
You can access the data of these materials in the material master record, in order to determine the prices of the materials for costing purposes. You can also transfer the results of material cost estimates into the material master record.
In addition, the material master record contains information about the determination of the quantity structure and about the procurement of the material to be costed.
The material master record contains all information needed for managing a material. This data is arranged in views. The views correspond to theuser departments within the company in which the material is used. For material costing, the costing, accounting and MRP views are particularly relevant.
The cost estimate accesses data in the accounting and costing views of the material master record, in order to do the following:
The cost estimate accesses data in the costing and MRP views of the material master record, in order to do the following:
Material costing provides the following information for the accounting view or costing view of the material master record:
For more information about the material master record, see LO Material Master under the following: