Good video. Liked the way of explanation, first in Excel and then in the system. One quick observation : The Std. Cost Estimate, before goods receipt, How in xls it is total to 3020.8?. Shouldn't it be 1400+140+28.8+52 = 1621?. I think you accidentally added 1400 twice. The Total Variance would be 366
Lot size variance is suppose we have setup cost for production after completion of lot...this set up cost is distributed to units produced in lot ...suppose we planned 12 set up for years and expenses is 180000 and that mean 15000 pm and in first month we produced first lot of 20000 goods and distributed set up cost 15000/12 and in second month we produced second lot and produced 10000 and we distributed this 15000 to 10000 units...and standard cost estimate is same to the both and only variance occurred due to setup cost. This is called lot size variance.
Hi, In Ecc we do not get any accounting document during activity confirmation and achual oh calculation. But S4 we will get accounting document for activity confirmation and achual oh calculation? And where we need to do configuration for these accounting document? Please provide details for these.
In costing sheet we have one of the customation step...overhead rate key...in that we create actual over head rate and planed over head rate. That over head key assigned to over head group and that over head group assigned in costing1 tab in material master.
great explanation for difficult concept
Wonderful - The Explanation were Crisp and Nice
Good video. Liked the way of explanation, first in Excel and then in the system. One quick observation : The Std. Cost Estimate, before goods receipt, How in xls it is total to 3020.8?. Shouldn't it be 1400+140+28.8+52 = 1621?. I think you accidentally added 1400 twice. The Total Variance would be 366
Thank you sir..
Well explained but order status needs to be changed before calculation of variances right?
If the order is delivered full, no need to change the status. After settlement can close the order
it is possibile to do the same thing for the wip?
How are the target accounts determined - is a setting required in OBYC, and which settings please?
Thank you so much
Lot size variance is suppose we have setup cost for production after completion of lot...this set up cost is distributed to units produced in lot ...suppose we planned 12 set up for years and expenses is 180000 and that mean 15000 pm and in first month we produced first lot of 20000 goods and distributed set up cost 15000/12 and in second month we produced second lot and produced 10000 and we distributed this 15000 to 10000 units...and standard cost estimate is same to the both and only variance occurred due to setup cost.
This is called lot size variance.
Hi,
In Ecc we do not get any accounting document during activity confirmation and achual oh calculation.
But S4 we will get accounting document for activity confirmation and achual oh calculation? And where we need to do configuration for these accounting document?
Please provide details for these.
How Planned and Actual Overhead are calculated ? I mean where we put 20% (Planned ) and 10% (Actual0 in SPRO?
In costing sheet we have one of the customation step...overhead rate key...in that we create actual over head rate and planed over head rate.
That over head key assigned to over head group and that over head group assigned in costing1 tab in material master.
This is awesome. Thank you.
Target account should not be a cost element right..
Secondary cost elements
Awesome..can u plz make me ready for interview??
yah, sure