How to use OKK7 - Price Factors for Costing Relevancy

SAP Transaction Code - Details

• Transaction Code: OKK7

  Description: Price Factors for Costing Relevancy

  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: OKK7 - Price Factors for Costing Relevancy

  
  Overview:
  The SAP transaction code OKK7 is used to maintain price factors for costing relevancy. This transaction code allows users to define the price factors that are relevant for cost calculations. It also allows users to assign the relevant price factors to cost elements. 
  
  Functionality: 
  OKK7 enables users to maintain the price factors that are relevant for cost calculations. This includes defining the price factors, assigning them to cost elements, and setting the relevancy of the price factors. The relevancy of a price factor determines whether it is used in cost calculations or not. 
  
  Step-by-step How to Use: 
  1. Enter transaction code OKK7 in the command field. 
  2. Select the relevant cost element from the list of available cost elements. 
  3. Select the relevant price factor from the list of available price factors. 
  4. Set the relevancy of the selected price factor by selecting either “Relevant” or “Not Relevant” from the drop-down menu. 
  5. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that only those price factors that are marked as “Relevant” will be used in cost calculations. Therefore, it is important to ensure that only those price factors that are necessary for cost calculations are marked as “Relevant”. Additionally, it is recommended that users regularly review and update their list of relevant price factors in order to ensure accuracy in cost calculations.