Costing variant

1. Function of Costing variant
Costing variant is a very important concept in costing, it contains all the information required to execute a material cost estimate.

2. Configuration of Costing Variant (tcode: OKKN)
Please note that costing variant for material costing estimate and for refence and simulation is different. The latter is using OKKO)
We’ll use PPC1 as an example.
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1) Costing type (OKKI)
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Standard price will be updated.

2) Valuation variant
Price update strategies for material, internal activities, sub-contracting and overhead. The valuation variant is plant-dependent. Actually, this is the price selection sequence (price strategy).
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3) Date Control
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4) Qty Structure Control
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