What is cost estimate item in SAP AP-COS - FIN Costing?

SAP Term: cost estimate item

• Component: AP-COS

• Component Name: FIN Costing

• Description: An item in a cost estimate, containing information such as the price, source, and input quantity. Cost items provide information needed to ensure traceability.

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• Key Concepts: 
  A cost estimate item is a component of the SAP Cost Object Controlling (CO-PC) module. It is used to store and manage cost estimates for a particular cost object. The cost estimate item contains information about the estimated costs associated with a particular cost object, such as the estimated cost of materials, labor, and overhead. 
  
  How to use it: 
  The cost estimate item is used to create a cost estimate for a particular cost object. This can be done by entering the estimated costs associated with the cost object into the cost estimate item. The cost estimate item can then be used to compare the actual costs of the cost object against the estimated costs. 
  
  Tips & Tricks: 
  When creating a cost estimate item, it is important to ensure that all of the estimated costs are accurate and up-to-date. This will help ensure that the actual costs of the cost object are accurately reflected in the cost estimate item. 
  
  Related Information: 
  The SAP Cost Object Controlling (CO-PC) module is used to manage and track costs associated with a particular cost object. It also provides tools for analyzing and reporting on these costs. Additionally, it provides tools for creating and managing budget plans and forecasts.