What is summarization dates in SAP CO-PC - Product Cost Controlling?

SAP Term: summarization dates

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The periods taken into account in order summarization or project summarization. Period values that fall within these summarization dates and that were calculated in a previous summarization run are reset on the summarization object and recalculated. Period values that fell outside the summarization dates and that were calculated in a previous summarization run remain on the summarization object if the processing option "No reset" was selected.

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• Key Concepts: 
  Summarization dates in SAP CO-PC Product Cost Controlling are used to define the period for which cost estimates are to be calculated. This period can be defined as a single day, a month, or a year. The summarization date is used to determine the cost estimates for the period and can be used to compare actual costs with estimated costs. 
  
  How to use it: 
  To use summarization dates in SAP CO-PC Product Cost Controlling, first select the period for which you want to calculate cost estimates. This can be done by selecting a single day, month, or year. Once the period is selected, enter the summarization date in the appropriate field. This will determine the cost estimates for the period and can be used to compare actual costs with estimated costs. 
  
  Tips & Tricks: 
  When setting up summarization dates in SAP CO-PC Product Cost Controlling, it is important to ensure that the date entered is accurate and up-to-date. This will ensure that the cost estimates are accurate and up-to-date as well. Additionally, it is important to remember that summarization dates are only used for cost estimates and not for actual costs. 
  
  Related Information: 
  For more information on summarization dates in SAP CO-PC Product Cost Controlling, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_CO_PC/latest/en-US/f8d7f9a3c2b14e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1e6f9a7d3c2b1/.