SAP Costing Sheet – Part III – Credits
Credits under Costing Sheet
This is third post in the series of configuring Costing Sheet. In this post we will discuss about “Credits” which is the next component of Costing Sheet.
It is important to understand that Cost allocation is part of the process of determining overhead rates. If this leads to an object being debited with actual costs, another object in Cost Accounting must be credited at the same time. This can be either a cost center, order or a business process. This type of posting is recorded under a secondary cost element of cost element category 41 (overhead rates) in the SAP System.
This component i.e. “Credits” ensures that the amount of overhead while getting debited to a process / production order is credited to a CO object. (For your reference, please note that in case of Activity Type i.e. direct manufacturing overheads, the amount is debited to process / production order, at the same time is credited to a Cost Element and Cost Centre which is maintained in the Activity Type master data)
IMG Path: Controlling > Product Cost Controlling > Product Cost Planning > Basic Settings for Material Costing > Overhead > Costing Sheet: Components > Define Credits
The system navigates us to screen as appearing in Image 1.01
For the purpose of our post, we will select the first code of Credit “E01” and double click on the details tab on the left side of the screen and see what information is to be maintained for this Credit Key.
Immediately on double click, system will ask you to provide the Controlling Area, enter your controlling area and press enter and the system will navigate you to the screen as appearing under Image 1.02 below:
In the screen, we have to maintain following information
Valid to: Enter the date upto which this will be applicable, note that we can’t enter Valid from date here which means the assignment is valid for all the dates before this uptil the date of assignment done before.
Cost Element: Enter Cost Element with Cost Element Category 41.
Origin Group: Enter Origin Group, if available so as to segregate the credits for different materials to different cost objects.
Fxd %: The fixed portion of the costs is determined in the same way as the portion of fixed costs for the debit object. Enter the fixed cost percentage here.
Cost Object: Here we can define the Cost Centre or Order or Business Process where we want to credit the amount.
After we maintain all the above values, we can save the key and we are now ready to create the new Costing Sheet.
Here we can see that SAP has provided standard Credits which can help us in the Costing Sheet configuration. We should try to study all the available options before going for creating new customised codes.
Table : TKZU3
Costing Sheet Part IV
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