What is cost estimate result in SAP SRD-FIN-INV - FIN-Inventory?

SAP Term: cost estimate result

• Component: SRD-FIN-INV

• Component Name: FIN-Inventory

• Description: The total cost calculated in a material cost estimate.

Smart SAP Assistant

• Key Concepts: 
  Cost estimate result is a feature of SAP's FIN-Inventory Management component. It is used to calculate the cost of goods sold (COGS) for a given inventory item. The cost estimate result is based on the item's current inventory value, the cost of goods purchased, and any other costs associated with the item. 
  
  How to use it: 
  To use the cost estimate result feature, first select the inventory item you wish to calculate the COGS for. Then enter the current inventory value, cost of goods purchased, and any other costs associated with the item. The cost estimate result will then be calculated and displayed. 
  
  Tips & Tricks: 
  It is important to ensure that all costs associated with an inventory item are accurately entered into the cost estimate result feature. This will ensure that the COGS calculation is accurate and up-to-date. 
  
  Related Information: 
  For more information on SAP's FIN-Inventory Management component, please refer to SAP's official documentation. Additionally, there are many online resources available that provide detailed tutorials and tips on how to use this feature.