What is purchased part in SAP CO-PC - Product Cost Controlling?

SAP Term: purchased part

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The first materials to be considered in a cost estimate/costing run in order to roll these costs up to the level of the finished and semifinished goods.

Smart SAP Assistant

• Key Concepts: 
  Purchased part is a term used in SAP's CO-PC Product Cost Controlling component. It refers to a part or component that is purchased from an external supplier and used in the production of a finished product. The purchased part is tracked in the system to ensure that the cost of the part is accurately accounted for in the final product cost. 
  
  How to use it: 
  In order to track purchased parts, they must first be entered into the system. This can be done by creating a material master record for each purchased part. The material master record will contain information such as the part number, description, unit of measure, and cost. Once the material master record is created, it can be used to track the cost of the purchased part in the production process. 
  
  Tips & Tricks: 
  When entering purchased parts into the system, it is important to ensure that all relevant information is included in the material master record. This will help ensure that the cost of the purchased part is accurately tracked and accounted for in the final product cost. 
  
  Related Information: 
  For more information on SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation.