What is periodic unit price in SAP (CO-PC - Product Cost Controlling)?

SAP Term: periodic unit price

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A price that changes periodically as a result of goods movements and invoice entries. The periodic unit price is calculated by dividing the value of the material by the quantity of that material in inventory. It references the base unit of measure and price unit in the material master record. The price is recalculated when single-level or multilevel material price determination is performed. The periodic unit price is used in single-level and multilevel material price determination to valuate the materials for the closed period. For the current period, the material is still valuated using the standard price. You can carry the periodic unit price in up to three currencies and three valuation views.

Smart SAP Assistant

• Key Concepts: 
  Periodic unit price is a term used in SAP's CO-PC Product Cost Controlling component. It is the price of a product or service that is calculated periodically, such as monthly or quarterly. This price is used to determine the cost of production and the cost of goods sold. 
  
  How to use it: 
  Periodic unit prices are used to calculate the cost of production and the cost of goods sold. This calculation is done by taking the total cost of production and dividing it by the number of units produced. The resulting number is the periodic unit price. This price can then be used to determine the cost of goods sold for each period. 
  
  Tips & Tricks: 
  When calculating periodic unit prices, it is important to take into account any changes in production costs that may have occurred during the period. This will ensure that the periodic unit price accurately reflects the cost of production for that period. 
  
  Related Information: 
  For more information on periodic unit prices and how they are used in SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation on the topic.