What is 'simultaneous costing' in SAP CO-PC - Product Cost Controlling?

simultaneous costing - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A process that assigns to a cost object the actual costs incurred to date for that cost object.

simultaneous costing - Details

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  Key Concepts: 
  Simultaneous costing is a feature of SAP's CO-PC Product Cost Controlling component. It allows for the simultaneous calculation of multiple cost estimates for a product or service. This allows for the comparison of different cost estimates and the selection of the most cost-effective option. 
  
  How to use it: 
  Simultaneous costing can be used to compare different cost estimates for a product or service. The user can enter different cost estimates and the system will calculate the total cost for each option. The user can then select the most cost-effective option. 
  
  Tips & Tricks: 
  When using simultaneous costing, it is important to consider all factors that may affect the cost of a product or service. This includes labor costs, materials costs, overhead costs, and any other costs associated with producing the product or service. 
  
  Related Information: 
  For more information on SAP's CO-PC Product Cost Controlling component, please refer to SAP's official documentation. Additionally, there are many online resources available that provide detailed information on how to use simultaneous costing in SAP.