Actual Costing Go Live sequence in a live Material Ledger environment

[Former Member]

Hi,

I originally posted these questions in the blog section and wasn't sure that was the right place.

I apologize if this is considered double posting

We are getting ready to activate actual costing.

Material ledger has been active for quite some time now (multiple fiscal years), with all materials activated at standard (S) and price determination "transaction based" (2). Costing runs are only run on a yearly basis.

I am currently establishing my conversion plan.

I believe I have all the necessary steps identified (exception made for one little clarification) and am still working the timing.

A couple of questions:

1. Should I update my materials with a price determination value 3 before or after my configuration is imported in production? I understand that the configuration will really fall in place at the time I run actual costing at month end (CKMLCP) but I am wondering if there is any dependency with the price determination update (2 to 3) from a timing/sequence standpoint.

2. Is it necessary to run, mark and release a cost estimate right after the price determination has been changed (from 2 to 3) and before any goods movements take place or does updating the price determination to 3 is sufficient to support actual costing at month end (i.e. is the cost estimate in existence with a price determination 2 sufficient)?

3. Any particular aspects/steps I should pay attention to as far as going live with actual costing? In general, what would be the ideal sequence of events?

Thanks a lot for your help,

Regards.

[Former Member · Accepted solution]

Hi,

A couple of questions:

1. Should I update my materials with a price determination value 3 before or after my configuration is imported in production? I understand that the configuration will really fall in place at the time I run actual costing at month end (CKMLCP) but I am wondering if there is any dependency with the price determination update (2 to 3) from a timing/sequence standpoint.

A : You should update price determination 3 after all configuration is imported in production

2. Is it necessary to run, mark and release a cost estimate right after the price determination has been changed (from 2 to 3) and before any goods movements take place or does updating the price determination to 3 is sufficient to support actual costing at month end (i.e. is the cost estimate in existence with a price determination 2 sufficient)?

A: You don't need to costing run again

3. Any particular aspects/steps I should pay attention to as far as going live with actual costing? In general, what would be the ideal sequence of events?

A: below is the step :

1. Import all config to production system

2. Change price determination from 2 to 3 in the last day of the month and make sure that all transaction MM in the relevant month has been done

3. MMPV (closing period MM)

4. Run your CKMLCP

IF you activated Actual Cost Component Split, there are another step.. just find the documentation on OSS

[Former Member · Accepted solution]

We are planning to activate Actual Costing. ML is been active for couple of months.

Could you send me the list of activities and related OSS notes in order to activate Actual costing in Live ML. Thank you