What is planned results analysis in SAP CO-PC - Product Cost Controlling?

SAP Term: planned results analysis

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The calculation of results analysis data on the basis of planned data.

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• Key Concepts: 
  Planned Results Analysis (PRA) is a component of SAP's Product Cost Controlling (CO-PC) module. It is used to compare the actual costs of a product with the planned costs. This comparison helps to identify any discrepancies between the two and allows for corrective action to be taken. 
  
  How to use it: 
  PRA can be used to analyze the cost of a product at different stages of production. It can also be used to compare the actual costs with the planned costs for a given period of time. The comparison can be done at both the individual product level and at the total cost level. 
  
  Tips & Tricks: 
  When using PRA, it is important to ensure that all relevant data is included in the analysis. This includes both actual and planned costs, as well as any other factors that may affect the cost of a product. Additionally, it is important to ensure that all data is up-to-date and accurate in order to get an accurate comparison between actual and planned costs. 
  
  Related Information: 
  PRA is closely related to other components of SAP's Product Cost Controlling module, such as Cost Object Controlling (CO-COC) and Activity-Based Costing (ABC). Additionally, PRA can be used in conjunction with other modules, such as Materials Management (MM) and Financial Accounting (FI), in order to gain a more comprehensive view of a product's cost structure.