What is 'costing level' in SAP CO-PC - Product Cost Controlling?

costing level - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A level of costing that controls the sequence in which the materials are costed, enabling cost rollup covering more than one level.

costing level - Details

• 
  Key Concepts: 
  Costing level is a term used in SAP's CO-PC Product Cost Controlling component. It is used to define the level of detail that is used when calculating the cost of a product. The costing level can be set to either a high or low level, depending on the complexity of the product and the desired accuracy of the cost calculation. 
  
  How to use it: 
  The costing level can be set in the CO-PC Product Cost Controlling component. To do this, go to the “Costing Level” tab and select either “High” or “Low” from the drop-down menu. Once selected, the cost calculation will be based on the chosen costing level. 
  
  Tips & Tricks: 
  When setting the costing level, it is important to consider the complexity of the product and the desired accuracy of the cost calculation. If a high level of accuracy is required, then it is best to set the costing level to “High”. However, if a lower level of accuracy is acceptable, then it may be better to set the costing level to “Low”. 
  
  Related Information: 
  For more information about SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation at https://help.sap.com/viewer/product/CO-PC/latest/en-US.