What is net actual cost in SAP CO-PC - Product Cost Controlling?

SAP Term: net actual cost

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The actual cost less the work in process and scrap. The net actual cost is compared to the target cost to determine production variances and total variances.

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• Key Concepts: 
  Net actual cost is a term used in SAP's CO-PC Product Cost Controlling component. It is the total cost of a product or service after all discounts, taxes, and other costs have been taken into account. This cost is used to determine the profitability of a product or service. 
  
  How to use it: 
  Net actual cost can be calculated by taking the total cost of a product or service and subtracting any discounts, taxes, and other costs associated with it. This calculation can be done manually or through SAP's CO-PC Product Cost Controlling component. Once the net actual cost has been calculated, it can be used to determine the profitability of a product or service. 
  
  Tips & Tricks: 
  When calculating net actual cost, it is important to take into account all discounts, taxes, and other costs associated with the product or service. This will ensure that the most accurate net actual cost is calculated and that the profitability of the product or service can be accurately determined. 
  
  Related Information: 
  For more information on net actual cost and how to calculate it using SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation on the topic.