Costing Variant

Costing Variant determines how a material is costed. Costing variant contains all the parameters and settings for creating a cost estimate.

Controlling > Product Cost Controlling > Product Cost Planning > Material Cost Estimate with quantity structure> Define Costing Variants (OKKN)

This are standard set of costing variants. Select one of the variant to view the details.

A Costing variant contains six tabs
i)   Control
ii)  Qty Structure
iii) Additive Costs
iv) Update
v)  Assignments
vi) Misc








Control                                                      

Control tab contains six control parameters.

a) Costing Type - here we define controls like Price update, Valuation View, if date needs to be included key while saving cost estimate, cost sheet for overhead calculation etc.

b) Valuation Variant - here we define strategy sequence for selection of price of  material, activity, subcontracting, Ext. Processing, Overhead for Finished Goods and Semi-Finished Goods etc

Costing Type and Valuation Variant are key components of Costing Variants. These components contains important parameters that controls cost estimate.

c) Date Control

d) Quantity Structure control

e) Transfer Control

f) Reference Variant