Define Cost Object Profiles

You create the cost object profiles for general cost object here.

General cost objects are based on a

cost object ID.

When you create a general cost object, the system uses the entries in the cost object profile to propose default values.

The cost object category determines how the planned costs are calculated.

If you are using cumulative planning, you can specify a costing variant in the cost object profile. This determines what costing type and valuation variant the system should use to determine the planned costs. The Costing variant field is only displayed in the cost object master record if you set the Planning indicator for that category.

In both cases you must specify default values for overhead calculation and settlement.

Thecosting sheet contains the parameters that control the calculation of overhead.
The Costing sheet field is displayed in the cost object master record only if you set the Overhead indicator for that cost object category.
A costing sheet can refer to an overhead key. This allows you to calculate an overhead percentage rate that is only valid for specific cost object IDs.
The Overhead key field is displayed in the cost object master record only if you set the Overhead indicator for that cost object category.

If you are using Activity-Based Costing, the process template is selected through the overhead key.

The settlement profile determines the following (among other things):

Requirements

Check the entries made in the following options before you enter your default values:

Standard settings

The standard system contains predfined cost object profiles.

Actions

1. Check whether the predefined cost object profiles meet your requirements.
2. To create your own cost object profile, proceed as follows:
a) Select New entries.
b) Enter a key and a name for the cost object profile.
c) Enter the default values according to your requirements.