What is 'planned profit' in SAP CO-PC - Product Cost Controlling?

planned profit - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The difference between planned revenue and planned cost.

planned profit - Details

• 
  Key Concepts: 
  Planned profit is a term used in SAP's CO-PC Product Cost Controlling component. It is the expected profit that a company anticipates to make from a product or service. This profit is calculated by subtracting the planned costs from the planned revenues. 
  
  How to use it: 
  In SAP, planned profit can be calculated by using the CO-PC Product Cost Controlling component. This component allows users to enter planned costs and revenues for a product or service, and then calculates the expected profit. The user can then compare this planned profit to actual profits to determine if the product or service is meeting expectations. 
  
  Tips & Tricks: 
  When calculating planned profit in SAP, it is important to ensure that all costs and revenues are accurately entered into the system. This will ensure that the planned profit calculation is accurate and can be used to compare against actual profits. 
  
  Related Information: 
  SAP's CO-PC Product Cost Controlling component also allows users to calculate other metrics such as cost of goods sold, gross margin, and break-even point. These metrics can be used in conjunction with planned profit to gain a better understanding of a product or service's profitability.