Note the following when defining the parameters for the standard
The cost component view for stock valuation is used in the
calculation of the standard price.
This cost component view contains the cost components that are
flagged as relevant for stock valuation.
Note the following when defining the parameters for inventory
The cost component view for tax or commercial inventory is used
in the calculation of the tax or commercial price.
This cost component view contains the cost components flagged
as relevant for tax or commercial valuation.
A determination of lowest value takes place when costs are
transferred into the material master record.
In the commercial and tax cost
estimate, the system checks whether the current valuation price
(according to the price control of the material) is less than the
tax price or commercial price. If the current valuation price is
lower, the system updates that price and not the value calculated
in the inventory cost estimate as the tax or commercial
If you want to transfer the results
of the inventory cost estimate to the material master independently
of the lowest-value determination, you must set the indicator
Prices other than standard price in the
costing type. You can still transfer the results of the cost
estimate to the material master as the tax price or commercial
The costing type also establishes the following:
The basis on which the overhead should be calculated
This requires that you enter a cost
component view. The cost component view specifies which part of the
cost components are included in inventory valuation, commercial
physical inventory valuation, and tax-based physical inventory
valuation. For each cost component view, the system generates an
itemization listing the individual items of the cost
For example, if the cost estimate
included semifinished products whose costs contain the cost of
goods manufactured, sales and administration costs and so forth,
you can only calculate the material overhead on the basis of the
cost of goods manufactured for the semifinished product by
specifying cost component view "01" (cost of goods
Whether the cost estimate should be saved with a date in its
You have the following options:
With start of period
For the standard cost estimate, you
must update the automatic cost estimate with the With
start of period indicator. This ensures that the
results of the standard cost estimate can be used as the standard
price for that period.
For the other costing types, you can
update the costing results with the With
date indicator, for example. In this case the current
date becomes part of the key.
For cost estimates that are not a standard cost estimate, you
can also establish the following:
Whether costing versions are issued by the system sequentially,
or whether the user can specify the number manually.
If you want to collect the activity
quantities for the confirmation using the version-specific cost
estimate for the run schedule header rather than the standard cost
estimate for the material being manufactured, you must do the
Enter a corresponding repetitive manufacturing profile in the
material master record
Set the indicator Preliminary costing for run
schedule headers in the relevant costing type
If you are using multiple valuation in group costing, you can
specify which valuation view and partner version the costing type
If you want to define your own cost component views, process the