What is product cost collector in SAP CO-PC - Product Cost Controlling?

SAP Term: product cost collector

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A cost object in the Product Cost by Period component that collects the actual costs incurred in each period for the manufacture of a material. Product cost collectors place the focus on the product as the cost object.

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• Key Concepts: 
  Product cost collector is a component of SAP's Product Cost Controlling (CO-PC) module. It is used to collect and store the costs associated with a particular product or service. The product cost collector can be used to track the costs of production, materials, labor, and other expenses associated with the production of a product or service. 
  
  How to use it: 
  The product cost collector is used to collect and store the costs associated with a particular product or service. The cost collector can be used to track the costs of production, materials, labor, and other expenses associated with the production of a product or service. The cost collector can also be used to analyze the costs associated with different production processes and identify areas where cost savings can be made. 
  
  Tips & Tricks: 
  When using the product cost collector, it is important to ensure that all costs are accurately tracked and recorded. This will help ensure that accurate cost estimates are made when planning for future production processes. Additionally, it is important to regularly review the data collected in the cost collector to ensure that all costs are being accurately tracked and recorded. 
  
  Related Information: 
  The product cost collector is part of SAP's Product Cost Controlling (CO-PC) module. Other components of this module include material ledger, activity-based costing, and profitability analysis. Additionally, SAP offers a variety of tools and services that can help businesses better manage their product costs.