Define Date Control

In costing, date control IDs control the dates on which the quantity structure and the value structure are created. These dates determine the following:

Date control determines which dates are proposed or displayed when a cost estimate is created, and whether these dates can be changed by the user.

If you intend to calculate variances with reference to the cost estimate, make sure that the cost estimate is valid in the periods in which you will calculate the variances.

If you intend to valuate scrap or work in process with the results of the standard cost estimate, you should make sure that the cost estimate is valid in the periods in which you will calculate variances or work in process.

Standard Settings

The standard system contains predefined date control IDs. You can use these without making any changes.

Activities

Check whether the existing date control IDs meet your requirements.

1. Choose New entries.
2. Enter an alphanumerical key and a name for the date control ID.
3. Specify which dates can be proposed by the system and whether the user can change these default dates.
4. Save your entries.