How to use OKIP - Costing variants: Simulation costing

SAP Transaction Code - Details

• Transaction Code: OKIP

  Description: Costing variants: Simulation costing

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: ISAUTO_CK

    Package Description: Automotive Enhancements to PP Product Costing

    Parent Package: DIMP

  • Module/Component: CO-PC-PCP

    Description: Product Cost Planning

Smart SAP Assistant

• SAP Tcode: OKIP - Costing variants: Simulation costing

  
  Overview:
  The SAP transaction code OKIP is used to simulate costing variants in the SAP system. It allows users to create and maintain costing variants, which are used to determine the cost of a product or service. The costing variants are used to calculate the cost of production, materials, and other costs associated with a product or service. 
  
  Functionality: 
  The OKIP transaction code allows users to create and maintain costing variants in the SAP system. Costing variants are used to determine the cost of a product or service. The costing variants are used to calculate the cost of production, materials, and other costs associated with a product or service. The OKIP transaction code also allows users to simulate the cost of a product or service based on different costing variants. This allows users to compare different costing scenarios and determine which one is most cost-effective. 
  
  Step-by-step How to Use: 
  1. Access the OKIP transaction code in the SAP system. 
  2. Enter the desired costing variant name and description. 
  3. Enter the desired cost elements and their associated values. 
  4. Save the costing variant. 
  5. Simulate the cost of a product or service based on the created costing variant. 
  6. Compare different costing scenarios and determine which one is most cost-effective. 
  7. Save the desired costing variant for future use. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with the different cost elements available in SAP before using the OKIP transaction code. Additionally, users should ensure that all cost elements are entered correctly before simulating a costing scenario, as incorrect entries may lead to inaccurate results.