How to use OKK4 - Valuation Variants for Prod. Costing

SAP Transaction Code - Details

• Transaction Code: OKK4

  Description: Valuation Variants for Prod. Costing

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: CKJ1

    Package Description: Customizing for Product Costing

    Parent Package: APPL

  • Module/Component: CO-PC-PCP

    Description: Product Cost Planning

Smart SAP Assistant

• SAP Tcode: OKK4 - Valuation Variants for Prod. Costing

  
  Overview:
  The SAP transaction code OKK4 is used to maintain valuation variants for product costing. It allows users to define the valuation methods and parameters for the cost components of a product. This transaction code is part of the SAP Controlling (CO) module. 
  
  Functionality: 
  OKK4 enables users to define the valuation methods and parameters for cost components of a product. This includes setting up the valuation variant, assigning it to a cost component, and defining the valuation method and parameters. The valuation variant can be used to determine the cost of a product based on its components. 
  
  Step-by-step How to Use: 
  1. Enter transaction code OKK4 in the command field. 
  2. Select “Create” from the menu bar. 
  3. Enter a name for the valuation variant and select “Save”. 
  4. Select “Assign” from the menu bar and assign the valuation variant to a cost component. 
  5. Select “Define” from the menu bar and define the valuation method and parameters for the cost component. 
  6. Select “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all cost components are assigned with an appropriate valuation variant before using OKK4. This will ensure that all costs are accurately calculated when determining the cost of a product. Additionally, it is recommended that users regularly review their valuation variants to ensure they are up-to-date with any changes in pricing or other factors that may affect cost calculations.