Period End Steps in Cost Object Controlling and Variance Calculation

FI/CO

Period end closing in Controlling has always been a challenge. Variance calculation and its explanation has invariably sent shivers down the spine of all SAP consultants. WIP calculation too has at times been complex to understand. Based on 2 scenarios following steps are processed;

Scenario 1

  1. Display Process order to see the cost and other details
  2. Display Standard cost estimate
  3. Overhead calculation
  4. WIP process calculation
  5. Variance calculation
  6. Settlement


Scenario 2

  1. Display Process order to see the cost and other details
  2. Calculate Overhead
  3. Calculate WIP
  4. Variance calculation
  5. Settlement

Download – Period End Steps in Cost Object Controlling and Variance Calculation

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2 thoughts on “Period End Steps in Cost Object Controlling and Variance Calculation”

  1. in this doc from where we can get analyze costs screen,
    i did not find through cost—->analysis

  2. I don’t access the download link.
    It display :
    Cost_Object_Controlling_Variance_Calculation.pdf
    This file, folder or group is private or does not exist.

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