Standard Cost Estimate Processes
Filed under: SAP CO Transaction, SAP Knowledge, SAP Tutorial
Standard cost estimate Definition
A standard cost estimate is created for each product at the beginning of the fiscal year or new season. Standard cost estimates establish standard prices for semifinished products and finished products. The costs calculated in standard cost estimates are used to valuate materials with standard price control.
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No active standard cost estimates exist
Filed under: SAP CO Transaction, SAP Knowledge, SAP Tip, SAP Tutorial
No active standard cost estimates exist – Message no. CK214
This SAP error is occurred due to there is no active standard cost estimate on XX/XX/XXXX for material XXXXXX in plant XXXX.
The standard cost estimate only becomes active when the costing results are marked and released in the material master record.
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Function of PCA in new G/L and classic PCA
Filed under: SAP CO Transaction, SAP FI Configration, SAP Knowledge, SAP Tutorial
Setting proposal profit centers for line items is the one of function that differences between the function of PCA in new G/L accounting and in classic PCA.
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SAP Error Message no. CK701
Marking not authorized for period MMM / YYYY in company code XXXX is occurred while You are trying to mark materials for period MMM / YYYY and company code XXXX, although marking has not been allowed for this.
SAP Error Message no. CK701 will be shown up.
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The differences between CK11N and CK40N Transaction
The differences between SAP Transaction: CK11N and CK40N. Normally, There is nothing like which SAP transaction is better. They are entirely used for difference purposes.
CK11N :
CK11N transaction is used to calculate the standard cost estimate of the product, for a individual material. The system considers the BOM structure and valuation strategy and control mention in the costing variant and calculates the standard cost of the material. Cost estimate is run or the standard cost is calculated monthly, quarterly etc. and all the analasys of actual production is based against this standard estimate.
You can use this to create the cost estimate for any variant to be used but this will only create a cost estimate. Subsequently you will have to mark and release these estiamtes in CK24 to update in the material master so that you can use the same as the planned price for the materials.
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