Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now

Close
  1. SAP Glossary
  2. Product Cost Controlling
  3. costing type


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


SAP Term: costing type

  • Component: CO-PC

  • Component Name: Product Cost Controlling

  • Description: A parameter that establishes the technical attributes of a cost estimate. For example, the costing type for a material cost estimate controls which price field in the material master is updated, which costs are used as the basis for allocating overhead, and which valuation view is costed.


Smart SAP Assistant

  • Key Concepts: 
    Costing type is a classification of cost elements used in Product Cost Controlling (CO-PC) in SAP. It is used to differentiate between different types of costs, such as material costs, overhead costs, and labor costs. Costing types are assigned to cost elements and are used to determine the cost of a product or service. 
    
    How to use it: 
    In SAP, costing types are used to assign cost elements to a specific cost type. This allows for the accurate calculation of the cost of a product or service. To assign a costing type to a cost element, go to the Cost Element Master Data screen in CO-PC and select the costing type from the drop-down menu. 
    
    Tips & Tricks: 
    When assigning costing types, it is important to ensure that the correct type is selected for each cost element. This will ensure that the correct costs are calculated for each product or service. Additionally, it is important to keep track of all costing types and their associated cost elements in order to ensure accuracy when calculating costs. 
    
    Related Information: 
    For more information on costing types and how they are used in SAP, please refer to the SAP Help documentation on Product Cost Controlling (CO-PC). Additionally, there are many online resources available that provide detailed information on how to use costing types in SAP.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author