Cost Object Controlling

Product Cost Controlling (CO-PC)

Assigns costs that were incurred in a company to the activity units of the company (such as products, product lines, or orders).

This information is used as a basis for:

• Valuating inventories of semifinished products, finished products, and company facilities for the commercial balance sheet and the tax balance sheet

• Calculating the cost of goods sold of the activities sold, in order to plan and track the profit for the period