Project costing/ Net working Costing

[Former Member]

Dear PS experts,

I have some doubts related to PS. Basically i m FICO.

1. Normally in Product Costing we have a option Product Cost by Order/Period/Sales Order. If we want

to Costing in in PS with Customer Project, which one is suitable.

2. For calcularting of WIP also we have different option. which one is better.

3. Settlement of the Customer project is which cost object (we r not going with COPA)

Regards

Raj

[Former Member]

i closed

[Makal]

In continuation to Shiv's reply:

Raj, you can settle your project to Cost center, Sales order etc.

It's actually depends on your business requirement or scenario.

Thanks

[Former Member]

Hello

1.There are different ways of Cost Planning in a Projects. Manual Cost Planning, Network Costing, Detailed Cost planning (based on Cost Element and Activity types), Easy Cost planning and Unit costing. The cost planning approach depends on your client. Usually if its a WBS structure go with Easy Cost Planning.If you are having complex structure with networks,activites and materials go for Network costing.

2.The way to calculate WIP is Result Analysis. Assign RA key to your project profile.

3.Customer projects are usually settled to PSG. If COPA is not activated, you can settle to Cctr. There are many threads around Settlement of customer project--without COPA, just refer them for more details.

Thanks

Sarang