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SIMG_CFMENUORKAOKK1 - Specify Valuation Variants

SIMG_CFMENUORKAOKK1 - Specify Valuation Variants

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In this IMG activity, you specify how material components and internal activity are valuated as costing items in unit costing or Easy Cost Planning for internal orders and appropriation requests.

To do so, you define a valuation variant, which contains strategy sequences for valuation. You need to assign this to a costing variant as costing is always executed using a costing variant as a reference.

Valuation strategies:

  • Material valuation

This is where you specify the sequence in which the SAP System is to search for prices for material valuation in the accounting and costing view for the material master.
The price strategies are predefined for the material valuation, and you can choose up to five for each valuation variant.
  • Activity types / processes

This is where you specify the sequence in which the SAP system is to search for prices (for valuating internal activity) from Cost Center Accounting. These prices can be determined from activity type planning or from past actual prices.
You can choose a maximum of three of the predefined price strategies for each valuation variant.
To valuate internal activity, you also specify which plan version is to be used.

Strategy sequences

You define the individual valuation approaches in the valuation variant as strategy sequences:

  1. Plan price one
  2. Standard price
  3. Moving average price

The first price (not zero) is used for the valuation of the material component.

The SAP standard system already contains valuation and costing variants, which you can adapt to your requirements, or use as a template to create your own variants.

  1. In the View Change "Costing Variants": Detail screen, choose the Create pushbutton, which is displayed next to the Valuation variants pushbutton. The View Change "Valuation Variants": Overview screen appears.
  2. Choose New entries or select a valuation variant, and choose Copy as.... Enter an alphanumeric key for the new valuation variant, and a corresponding short text.
  3. Under Material valuation, specify a valuation strategy for material components, by entering up to five values as a search sequence.
  4. Under activity types / processes, specify a valuation strategy for internal activity, by entering up to three values as a search sequence, and then assign a corresponding plan version from cost center planning to this valuation variant.
  5. Save the valuation variant.
  6. Next, create a new costing variant and assign the new valuation variant to it.

Unlike product costing you use a costing sheet to calculate the overhead for internal orders in the unit costing and Easy Cost Planning. This costing sheet is directly assigned to the order in the master data maintenance. For appropriation requests, overhead is not allocated using the costing sheet.






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