What is material component in SAP CO-PC - Product Cost Controlling?

SAP Term: material component

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A material that does not have its own bill of material BOM. Product Cost Planning makes a distinction between assemblies materials that have BOMs and material components materials that do not have BOMs. Because this distinction is not necessary in Production Planning, both types of materials are called material components there.

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• Key Concepts: 
  Material component is a term used in SAP's CO-PC Product Cost Controlling module. It refers to the raw materials, components, and other items that are used in the production of a product. These components are tracked and monitored in order to ensure that the cost of production is kept under control. 
  
  How to use it: 
  In order to use material components in SAP's CO-PC Product Cost Controlling module, you must first create a material master record for each component. This record will contain information such as the component's name, description, unit of measure, and cost. Once the material master record is created, it can be used to track and monitor the cost of production. 
  
  Tips & Tricks: 
  When creating a material master record for a material component, it is important to ensure that all of the necessary information is included. This will help to ensure that the cost of production is accurately tracked and monitored. Additionally, it is important to keep track of any changes that are made to the material master record in order to ensure that the cost of production remains accurate. 
  
  Related Information: 
  For more information on SAP's CO-PC Product Cost Controlling module and how to use material components, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this module effectively.