How to use OKIQ - Costing types simulation costing

SAP Transaction Code - Details

• Transaction Code: OKIQ

  Description: Costing types 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: OKIQ - Costing types simulation costing

  
  Overview: 
  The SAP transaction code OKIQ is used to simulate costing types in the SAP system. It allows users to view the cost of a product or service before it is actually produced or sold. This helps to ensure that the cost of production or sale is accurate and that the company is not overspending. 
  
  Functionality: 
  The OKIQ transaction code allows users to simulate different costing types in the SAP system. This includes standard costing, actual costing, and price variance analysis. It also allows users to view the cost of a product or service before it is actually produced or sold. This helps to ensure that the cost of production or sale is accurate and that the company is not overspending. 
  
  Step-by-step How to Use: 
  1. Log into the SAP system and enter transaction code OKIQ. 
  2. Select the costing type you want to simulate from the drop-down menu. 
  3. Enter the relevant data for the simulation, such as material costs, labor costs, overhead costs, etc. 
  4. Click “Simulate” to view the cost of the product or service before it is actually produced or sold. 
  5. Review the results of the simulation and make any necessary adjustments. 
  6. Click “Save” to save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to regularly review and update your simulations in order to ensure accuracy and avoid overspending. Additionally, it is recommended that users familiarize themselves with all of the features and functions available in OKIQ before using it for simulations.