What is cost bucket in SAP XAP-CQM - Cost and Quotation Management (SAP xCQM)?

SAP Term: cost bucket

• Component: XAP-CQM

• Component Name: Cost and Quotation Management (SAP xCQM)

• Description: A structural means of capturing cost types associated with a quoting activity. Examples of cost buckets are material cost, labor cost, and so on.

Smart SAP Assistant

• Key Concepts: 
  Cost bucket is a term used in SAP xCQM to refer to a container that stores cost information. It is used to store and manage cost data related to a specific product or service. The cost bucket can be used to track costs associated with production, materials, labor, overhead, and other costs. 
  
  How to use it: 
  Cost buckets are used in SAP xCQM to store and manage cost information related to a specific product or service. The cost bucket can be used to track costs associated with production, materials, labor, overhead, and other costs. The cost bucket can also be used to calculate the total cost of a product or service. 
  
  Tips & Tricks: 
  When creating a cost bucket in SAP xCQM, it is important to ensure that all relevant cost information is included in the bucket. This will help ensure that the total cost of the product or service is accurately calculated. Additionally, it is important to keep the cost buckets up-to-date with any changes in costs associated with the product or service. 
  
  Related Information: 
  For more information on SAP xCQM and its features, please visit the official SAP website at https://www.sap.com/products/xapps-cqm-cost-quotation-management.html. Additionally, there are many online resources available that provide detailed tutorials on how to use SAP xCQM and its features.