What is calculation method in SAP SRD-SCM-MD - SCM-Master Data?

SAP Term: calculation method

• Component: SRD-SCM-MD

• Component Name: SCM-Master Data

• Description: The means by which the system calculates the consumption of a service. The system can do this automatically based on the resource allocation. The system can also require that a processor enters a value manually to ensure the actual service consumed is entered to the system.

Smart SAP Assistant

• Key Concepts: 
  Calculation method is a feature in SAP SCM-Master Data that allows users to define how the system calculates the cost of a product. It is used to determine the cost of a product based on the cost of its components, such as raw materials, labor, and overhead. The calculation method can be used to calculate the cost of a product based on different scenarios, such as different production processes or different pricing models. 
  
  How to use it: 
  To use the calculation method, users must first define the components that will be used in the calculation. This includes defining the cost of each component, such as raw materials, labor, and overhead. Once these components are defined, users can then define how the system will calculate the cost of a product based on these components. This includes defining how much each component will contribute to the total cost of the product and how these costs will be calculated. 
  
  Tips & Tricks: 
  When using the calculation method, it is important to ensure that all components are accurately defined and that all costs are correctly calculated. This will ensure that the cost of a product is accurately determined and that any changes in costs are accurately reflected in the final price. Additionally, it is important to regularly review and update the calculation method to ensure that it is up-to-date with any changes in costs or production processes. 
  
  Related Information: 
  For more information about SAP SCM-Master Data and its features, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tutorials and tips for using SAP SCM-Master Data.