What is alternative valuation run in SAP CO-PC - Product Cost Controlling?

SAP Term: alternative valuation run

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The costing run in the periodic actual costing allows you to generate cumulated actual values over several periods and perform a valuation in accordance with different accounting principles and/or different prices.

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• Key Concepts: 
  Alternative Valuation Run is a feature in SAP Product Cost Controlling (CO-PC) that allows users to create multiple versions of a product cost estimate. This feature allows users to compare different scenarios and make decisions based on the results. The alternative valuation run can be used to simulate different cost structures, such as different material costs, overhead costs, and other cost elements. 
  
  How to use it: 
  To use the alternative valuation run, users must first create a product cost estimate. Once the estimate is created, users can then create an alternative valuation run by selecting the “Create Alternative Valuation Run” option from the menu. This will open a new window where users can enter the desired parameters for the alternative valuation run. Once all of the parameters are entered, users can then click “Run” to generate the alternative valuation run. 
  
  Tips & Tricks: 
  When creating an alternative valuation run, it is important to consider all of the possible scenarios that could affect the cost of a product. For example, if there are different material costs or overhead costs associated with a product, these should be taken into account when creating an alternative valuation run. Additionally, it is important to consider any external factors that could affect the cost of a product, such as changes in market prices or exchange rates. 
  
  Related Information: 
  For more information on using the alternative valuation run in SAP Product Cost Controlling (CO-PC), please refer to SAP Help documentation or contact your local SAP support team.