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

SAP Term: profit increase

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The profit calculated to date by results analysis based on the percentage of completion and the planned profit for the object. A profit increase is calculated when the Percentage of Completion method is used.

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• Key Concepts: 
  Profit increase is a term used in SAP's CO-PC Product Cost Controlling component. It is a measure of the difference between the planned and actual costs of a product or service. It is calculated by subtracting the planned costs from the actual costs. The resulting figure is then used to determine the profitability of a product or service.
  
  How to use it: 
  In order to calculate profit increase, you must first enter the planned costs for a product or service into SAP's CO-PC Product Cost Controlling component. Once this is done, you can then enter the actual costs for the same product or service. The difference between these two figures will be your profit increase.
  
  Tips & Tricks: 
  It is important to remember that profit increase is only one measure of profitability. Other factors such as customer satisfaction, market share, and customer loyalty should also be taken into consideration when assessing the overall profitability of a product or service.
  
  Related Information: 
  For more information on SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation at https://help.sap.com/viewer/product/CO-PC/latest/en-US.