What is costing sheet in SAP PLM-PLC - Product Lifecycle Costing?

SAP Term: costing sheet

• Component: PLM-PLC

• Component Name: Product Lifecycle Costing

• Description: Defines the rules that are used for the costing of overheads and sums.

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• Key Concepts: 
  A costing sheet is a tool used in SAP Product Lifecycle Costing (PLM-PLC) to calculate the cost of a product throughout its lifecycle. It is used to track the cost of materials, labor, overhead, and other costs associated with the production of a product. The costing sheet also allows for the comparison of different cost scenarios and the optimization of costs. 
  
  How to use it: 
  The costing sheet can be accessed through the SAP PLM-PLC module. Once in the module, users can create a new costing sheet or edit an existing one. The costing sheet can then be populated with data such as material costs, labor costs, overhead costs, and other costs associated with the production of a product. Once all of the data is entered, users can then use the costing sheet to calculate the total cost of a product throughout its lifecycle. 
  
  Tips & Tricks: 
  When creating a costing sheet, it is important to ensure that all of the data entered is accurate and up-to-date. This will ensure that the calculations are accurate and that any cost optimization efforts are successful. Additionally, it is important to keep track of any changes made to the costing sheet as this will help ensure that all calculations are up-to-date. 
  
  Related Information: 
  For more information on SAP Product Lifecycle Costing (PLM-PLC) and how to use a costing sheet, please refer to SAP’s official documentation on PLM-PLC or contact your local SAP representative.