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

SAP Term: results analysis version

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: With the help of the results analysis version, it is possible to perform several valuations of the same object for example of a sales order item within the scope of the results analysis and the determination of work in process. &EXAMPLE& For balance sheet purposes, the object is valuated based on a method that determines the value of the unfinished products on the basis of the actual costs accrued so far. Postings based on these determined values are then executed in Financial Accounting. For internal analysis purposes, the value of the unfinished products is determined with a method that takes into account the profits not yet realized.

Smart SAP Assistant

• Key Concepts: 
  Results analysis version is a feature in SAP's CO-PC Product Cost Controlling component. It allows users to compare the actual costs of a product with the planned costs. This comparison helps users to identify any discrepancies between the two and take corrective action. 
  
  How to use it: 
  To use the results analysis version, users must first create a version in the system. This can be done by going to the “Results Analysis Version” tab in the CO-PC Product Cost Controlling component. Once the version is created, users can enter the actual costs of a product and compare it with the planned costs. 
  
  Tips & Tricks: 
  When creating a results analysis version, it is important to ensure that all relevant data is entered accurately. This will ensure that the comparison between actual and planned costs is accurate and reliable. Additionally, users should regularly review their results analysis versions to ensure that any discrepancies are identified and addressed in a timely manner. 
  
  Related Information: 
  For more information on results analysis version, please refer to SAP's official documentation on CO-PC Product Cost Controlling. Additionally, there are several online tutorials available which provide step-by-step instructions on how to use this feature.