Cost of Good Sold (COGS) in Project

[Former Member]

Dear All

What is concept of COGS calculate in Project? How it calculate for Material & Services? When the order is complete, the Material stock is transfer to the customer site at this point no COGS should be recognized. When the installation is complete for services, customer will recognize the COGS and the Revenue in my books.

Regards

[Former Member]

Hi Pramila,

Please click on below link for concepts and details of COGS and its functionalities.

[COGS|

Appreciate if it is helpful to you

Thanks

Vetri

Edited by: Virendra Pal on Mar 8, 2010 9:16 AM

SAP Help link removed

[Former Member]

Dear Vetri

I not get any link for COGS. Please any one can give inputs.

Regards

[Former Member]

Hi Pramila,

Sorry...Here is the link...

<Link removed - Vetri - this is the last warning for you - no links from SAP Help or you will be removed from the forum>

Regard

Vetri

Edited by: Virendra Pal on Mar 9, 2010 8:38 AM

Link removed

[Former Member]

Hi

Thanks for Your helpful link but I am still not clear in Projects how COGS work ???

Regards

[Former Member]

Hi,

In projects.....Your project cost plus sales and admin cost will be your COGS.

Regards

Vetri