What is costing itemization in SAP PP - Production Planning and Control?

SAP Term: costing itemization

• Component: PP

• Component Name: Production Planning and Control

• Description: An object that contains the data for creating an overview of the cost origins of a cost estimate. The documents and costs for the materials used are managed. The data includes: Production cost centers Activity standard rates External activities Overhead rates

Smart SAP Assistant

• Key Concepts: 
  Costing itemization is a feature of SAP Production Planning and Control (PP) that allows users to break down the cost of a product into its individual components. This feature helps users to better understand the cost structure of their products and make more informed decisions about pricing and production. 
  
  How to use it: 
  To use costing itemization, users must first set up a cost estimate in PP. This cost estimate will include all of the components that make up the product, such as materials, labor, overhead, etc. Once the cost estimate is set up, users can then use the costing itemization feature to break down the cost of each component. 
  
  Tips & Tricks: 
  When setting up a cost estimate in PP, it is important to include all of the components that make up the product. This will ensure that the costing itemization feature is accurate and provides an accurate breakdown of the product’s cost structure. 
  
  Related Information: 
  For more information on how to use costing itemization in SAP PP, please refer to the SAP Help Portal or contact your local SAP consultant.