What is follow-up costs in SAP CO-PC - Product Cost Controlling?

SAP Term: follow-up costs

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: Costs that occur after the actual production process. &EXAMPLE& Cost of rework Costs for warranty.

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• Key Concepts: 
  Follow-up costs are a type of cost that is incurred after the production process has been completed. They are typically associated with the maintenance and repair of products, as well as the disposal of waste materials. In SAP Product Cost Controlling (CO-PC), follow-up costs are tracked and monitored to ensure that they are accounted for in the overall cost of production. 
  
  How to use it: 
  In SAP Product Cost Controlling, follow-up costs can be tracked and monitored by setting up a cost element group for follow-up costs. This cost element group can then be used to assign costs to specific activities or products. Additionally, follow-up costs can be tracked using cost centers or orders. 
  
  Tips & Tricks: 
  When tracking follow-up costs in SAP Product Cost Controlling, it is important to ensure that all costs are accurately assigned to the correct activities or products. Additionally, it is important to ensure that all follow-up costs are accounted for in the overall cost of production. 
  
  Related Information: 
  For more information on tracking and monitoring follow-up costs in SAP Product Cost Controlling, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_PRODUCT_COST_CONTROLLING/7.5/en-US