What is delta posting in SAP CO-PC - Product Cost Controlling?

SAP Term: delta posting

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: Delta postings are journal entries used to post the difference between two values: The ending balance value from the periodic actual costing The balance sheet value that was calculated by the valuation procedure The delta posting occurs on a delta balance sheet account of the material, the offsetting entry takes place on a revaluation account.

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• Key Concepts: 
  Delta posting is a feature of SAP's CO-PC Product Cost Controlling component. It is used to post changes in the cost of a product or service over time. This allows for more accurate tracking of costs and helps to ensure that the cost of a product or service is accurately reflected in the company's financial statements. 
  
  How to use it: 
  Delta posting is used to post changes in the cost of a product or service over time. This can be done manually or automatically, depending on the company's needs. To manually post changes, users must enter the new cost into the system and then select the “delta posting” option. This will post the change in cost to the system and update the financial statements accordingly. 
  
  Tips & Tricks: 
  When using delta posting, it is important to ensure that all changes are accurately entered into the system. This will help to ensure that the financial statements are accurate and up-to-date. Additionally, it is important to regularly review and update any changes that have been made in order to ensure accuracy. 
  
  Related Information: 
  Delta posting is just one of many features available in SAP's CO-PC Product Cost Controlling component. Other features include cost center accounting, material ledger, and profitability analysis. Additionally, SAP offers a variety of other products and services that can help companies manage their finances more effectively.