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

SAP Term: costing run

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: Option to calculate several materials at the same time.

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• Key Concepts: 
  A costing run is a process in SAP Product Cost Controlling (CO-PC) that calculates the cost of a product or service. It is used to determine the cost of production and to compare actual costs with planned costs. The costing run can be used to analyze the cost structure of a product or service and to identify areas where cost savings can be made. 
  
  How to use it: 
  The costing run is initiated by entering the relevant data into the system. This includes the material, quantity, and other relevant information. The system then calculates the cost of production based on this data. The results of the costing run can be viewed in a report or in a graphical format. 
  
  Tips & Tricks: 
  When running a costing run, it is important to ensure that all relevant data is entered into the system accurately. This will ensure that the results are accurate and reliable. Additionally, it is important to review the results of the costing run regularly to ensure that costs are being kept in line with planned costs. 
  
  Related Information: 
  The costing run is part of SAP Product Cost Controlling (CO-PC). Other components of CO-PC include material cost estimation, overhead calculation, and activity-based costing. Additionally, CO-PC can be used in conjunction with other SAP modules such as Materials Management (MM) and Financial Accounting (FI).