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Cost sheet / Cost Component Strucuture

Former Member
0 Kudos

Dear All,

What is the difference between cost sheet and cost component sturcture. What are the kinds of cost elements to be updated in each of these components. Kindly explain this in details.

Regards

Vasantha

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

hai,

Cost sheet is based on product. Cost component structure is grouping of Expenses and revenue based on the nature. Like

Raw material Cost

HR Cost

Administrative Cost

Selling & Distribution cost

Revenue

Secondary Costs

Settlement Costs

Pls assign points if it is useful.

Former Member
0 Kudos

Dear Govind,

Then in cost component structure should all the profit and loss items mentioned in FI has to be taken into consideration. If yes how the overhead cost will be distrubuted to particular product. Also kindly explain what is the basic need to create a cost component structure.

Regards

Vasantha

Former Member
0 Kudos

hai,

Cost Componenet Structre is like this defined by SAP. Check the same OKTZ

01 1 Raw Materials

01 2 Human Resources

01 3 Production

01 4 Material Overhead

01 5 Production Overhead

01 6 Admin. Overhead

01 7 Sales Overhead

01 8 External Activity

01 9 Miscellaneous

Cost Component structre will play vital role in CO. without this you can't get output details with SAP fashion. This group will provide the Cost against the product based on the structre. And also it will useful for Settlement purpose.

Assign points if it is useful.

govind

Answers (0)