What is cost rollup in SAP CO-PC - Product Cost Controlling?

SAP Term: cost rollup

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A process in material costing in which costs at lower production levels are allocated to the highest level. Costs are rolled up by cost component, assuring that the origin of the costs remains visible after rollup. For example, labor costs in preassembly are rolled up into the cost of goods manufactured of the end product as internal labor costs rather than material costs. Any costs assigned to cost components that are not rolled up are not included in cost estimates of higher costing levels.

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• Key Concepts: 
  Cost rollup is a process in SAP's CO-PC Product Cost Controlling component that allows users to view the cost of a product or service at different levels of detail. It is used to analyze the cost structure of a product or service and identify areas where costs can be reduced. 
  
  How to use it: 
  Cost rollup can be used to view the cost of a product or service at different levels of detail. This includes the cost of materials, labor, overhead, and other costs associated with the production of the product or service. The cost rollup process can be used to identify areas where costs can be reduced and to analyze the cost structure of a product or service. 
  
  Tips & Tricks: 
  When using cost rollup, it is important to ensure that all costs associated with the production of a product or service are included in the analysis. This includes both direct and indirect costs such as materials, labor, overhead, and other costs. Additionally, it is important to ensure that all costs are accurately allocated to the appropriate cost centers. 
  
  Related Information: 
  For more information on cost rollup in SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed information on how to use cost rollup in SAP.