What is CO product group in SAP CO-PC - Product Cost Controlling?

SAP Term: CO product group

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A group that can contain materials and enables product drilldown reports to be displayed. CO product groups are master data in the information system that enable you to group materials from the standpoint of CO. They are based on a cost object ID. CO product groups cannot receive postings directly.

Smart SAP Assistant

• Key Concepts: 
  CO product group is a component of SAP's Product Cost Controlling (CO-PC) module. It is used to group products together for cost analysis and reporting purposes. The product groups are defined by the user and can be based on any criteria, such as product type, material type, or customer segment. 
  
  How to use it: 
  To create a CO product group, the user must first define the criteria for the group. This can be done in the CO-PC configuration menu. Once the criteria have been defined, the user can then assign products to the group. This can be done manually or through an automated process. 
  
  Tips & Tricks: 
  When creating a CO product group, it is important to consider how the group will be used. For example, if the group will be used for cost analysis, it may be beneficial to create multiple groups with different criteria so that more detailed analysis can be performed. 
  
  Related Information: 
  For more information on CO product groups and other features of SAP's Product Cost Controlling module, please refer to SAP's official documentation.