What is marking in SAP CO-PC - Product Cost Controlling?

SAP Term: marking

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: An organizational measure in cost estimates for materials. When you mark the standard cost estimate for a material, the cost calculated in the standard cost estimate is written to the material master record as the future planned price. A standard cost estimate must be marked before it can be released.

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• Key Concepts: 
  Marking is a feature in SAP CO-PC Product Cost Controlling that allows users to assign a unique identifier to a cost object. This identifier can be used to track the cost object throughout its life cycle. Marking also allows users to quickly identify and access cost objects, as well as to compare and analyze them. 
  
  How to use it: 
  To use marking in SAP CO-PC Product Cost Controlling, users must first create a unique identifier for the cost object. This can be done by entering the desired identifier in the “Marking” field of the cost object. Once the identifier is saved, it can be used to track and access the cost object throughout its life cycle. 
  
  Tips & Tricks: 
  When creating a marking identifier for a cost object, it is important to make sure that it is unique and easy to remember. This will make it easier for users to quickly identify and access the cost object when needed. Additionally, it is important to ensure that the marking identifier is consistent across all related cost objects, as this will make it easier to compare and analyze them. 
  
  Related Information: 
  For more information on marking in SAP CO-PC Product Cost Controlling, please refer to the official SAP documentation at https://help.sap.com/viewer/product/CO_PC/2020/en-US.