Product Costing - Issue Please help me
The Requirement Is
How cost estimates are prepared for planning purposes only without impacting the current actual cost estimates, including projected raw material price increases.
They are currently having one costing variant PPC1 and this will update material valuation on release. They are asking how they can have another variant for use in plan values of 2009 only that will not update the material valuation.
Please hlep me in full fill the above requirement.It would be a great help for me.
suryanarayana bellamkonda replied
What u need to do is:
1. create another costing variant
2. the valuation strategy in the valuation variant need to be changed to accommodate the future estimated price. U may have this future price of the materials in any one of the Planned Prices fields (either 1 or 2 or 3) in the materila master costing variant
3. the costing type can be changed so that the price will not be updated
alternatively, u can keep the costing type allowing the price update.
an this price update can be done to any field other than the standard cost field. So that you can use is for reporting purpose etc.
Hope this will answer your question.
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