What is 'actual results analysis' in SAP CO-PC - Product Cost Controlling?

actual results analysis - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: In results analysis, the valuation of actual data on the basis of plan data.

actual results analysis - Details

• 
  Key Concepts: 
  Actual results analysis is a component of SAP's Product Cost Controlling (CO-PC) module. It is used to compare actual costs with planned costs and analyze the differences. This helps to identify cost variances and take corrective action. 
  
  How to use it: 
  Actual results analysis can be used to compare actual costs with planned costs for a given period of time. It can also be used to analyze the differences between the two sets of data. This helps to identify cost variances and take corrective action. 
  
  Tips & Tricks: 
  When using actual results analysis, it is important to ensure that the data being compared is accurate and up-to-date. Additionally, it is important to consider the impact of external factors such as inflation or exchange rates when analyzing cost variances. 
  
  Related Information: 
  Actual results analysis is closely related to other components of SAP's Product Cost Controlling module, such as cost center accounting and profitability analysis. Additionally, it can be used in conjunction with other modules such as Financial Accounting (FI) and Materials Management (MM).