How to use FMFG_E_NET_COST - Statement of Net Cost

SAP Transaction Code - Details

• Transaction Code: FMFG_E_NET_COST

  Description: Statement of Net Cost

  Release: S/4HANA and ECC 6

• • Program: RFFMFG_NET_COST

    Screen: 1000

    Authorization Object:

  • Development Package: FMFG_RPT_E

    Package Description: US Federal Government Reporting

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FG

    Description: Functions for U.S. Federal Government

Smart SAP Assistant

• SAP Tcode: FMFG_E_NET_COST - Statement of Net Cost

  
  Overview:
  FMFG_E_NET_COST is a SAP transaction code used to generate a statement of net cost. This statement provides an overview of the costs associated with a particular production order. It includes both the direct and indirect costs associated with the production order, such as material costs, labor costs, overhead costs, and other miscellaneous costs. 
  
  Functionality: 
  The FMFG_E_NET_COST transaction code allows users to view the total cost of a production order in one place. It also allows users to compare the actual cost of the production order to the planned cost. This comparison can be used to identify any discrepancies between the planned and actual costs and take corrective action if necessary. 
  
  Step-by-step How to Use: 
  To use the FMFG_E_NET_COST transaction code, follow these steps 
  1. Log into SAP and navigate to the FMFG_E_NET_COST transaction code. 
  2. Enter the production order number for which you want to generate a statement of net cost. 
  3. Select the “Execute” button to generate the statement of net cost. 
  4. Review the statement of net cost and compare it to the planned cost for the production order. 
  5. Take corrective action if necessary based on any discrepancies between the planned and actual costs. 
  
  Other Recommendations: 
  It is recommended that users review their statements of net cost on a regular basis in order to ensure that their production orders are being completed within budget. Additionally, users should take advantage of SAP’s reporting capabilities in order to gain further insights into their production orders and identify areas for improvement.