What is item category in SAP PLM-PLC - Product Lifecycle Costing?

SAP Term: item category

• Component: PLM-PLC

• Component Name: Product Lifecycle Costing

• Description: An attribute that defines an item in a costing structure. Different fields are shown depending upon the item category.

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• Key Concepts: 
  Item category is a classification of items in SAP Product Lifecycle Costing (PLM-PLC). It is used to define the characteristics of an item, such as its type, material, and cost. Item categories are used to group similar items together for easier management and reporting. 
  
  How to use it: 
  In SAP PLM-PLC, item categories are used to define the characteristics of an item. This includes the type of item (e.g. raw material, finished product, etc.), the material used in the item (e.g. steel, plastic, etc.), and the cost associated with the item (e.g. labor costs, overhead costs, etc.). Item categories can be used to group similar items together for easier management and reporting. 
  
  Tips & Tricks: 
  When creating item categories in SAP PLM-PLC, it is important to consider how the items will be used and what characteristics they have in common. This will help ensure that items are grouped together correctly and that reports are accurate. 
  
  Related Information: 
  For more information on item categories in SAP PLM-PLC, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_PLM_PLC/7.0/en-US/f9f8d3a2b6c14f8a9f3d7c2b5d6a4b1a.html