What is Product Cost by Order in SAP CO-PC - Product Cost Controlling?

SAP Term: Product Cost by Order

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A component that costs products by order. The cost object can be a production order or a process order. Typically, the costs of production orders are analyzed by period.

Smart SAP Assistant

• Key Concepts: 
  Product Cost by Order is a component of SAP's Product Cost Controlling (CO-PC) module. It is used to calculate the cost of a product based on the order in which it is produced. This cost calculation includes all costs associated with the production process, such as raw materials, labor, overhead, and other expenses. The cost calculation also takes into account any discounts or surcharges that may be applied to the order.
  
  How to use it: 
  Product Cost by Order can be used to calculate the cost of a product based on the order in which it is produced. This cost calculation includes all costs associated with the production process, such as raw materials, labor, overhead, and other expenses. The cost calculation also takes into account any discounts or surcharges that may be applied to the order. The user can then use this information to determine the profitability of a product or order.
  
  Tips & Tricks: 
  When using Product Cost by Order, it is important to ensure that all costs associated with the production process are accurately accounted for. This includes both direct and indirect costs such as raw materials, labor, overhead, and other expenses. Additionally, any discounts or surcharges that may be applied to the order should also be taken into account when calculating the cost of a product.
  
  Related Information: 
  Product Cost by Order is part of SAP's Product Cost Controlling (CO-PC) module. Other components of this module include Product Cost Planning (CO-PC-PCP), Product Cost Collector (CO-PC-PCC), and Product Cost Object Controlling (CO-PC-POC). Additionally, SAP also offers a variety of other modules related to product costing such as Material Ledger (ML), Profitability Analysis (CO-PA), and Cost Object Controlling (CO-OC).