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Costing sheet

Use of costing sheet:

In the costing sheet, you determine the following:
  • The direct costs to which overhead is applied (calculation base)
  • The conditions under which overhead is applied (dependency)
  • Whether overhead is calculated on a percentage basis or on a quantity basis
  • The amount of the overhead percentage, or the amount of overhead for each unit of measure
  • The validity period for the overhead
  • Which object (cost center or order) is credited, and under which cost element for actual postings (credit key)
Overhead cost elements: 
IMG à Controlling à Product Cost Controlling à Product Cost Planning  à Basic Settings for Material Costing à Overhead à Maintain Overhead Cost Elements

 Overhead cost elements used to define overhead to products.

Calculation Base: 
IMG à Controlling à Product Cost Controlling à Product Cost Planning  à Basic Settings for Material Costing à Overhead à Costing Sheet: Components à Define Calculation Bases

The calculation base determines to which cost elements overhead is applied together.
We will define 2 bases on which overheads will be calculated:-
1)  Materials
2)  Wages


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  29. Thank you so much for sharing the information about Use of costing sheet. This is very helpful for who wants to learn professional Education. Typically costing sheets are used to add overhead costs that cannot be specified on a BOM, routing or master recipe, or with purchasing or sales conditions. You might choose costing sheets to add royalty costs or building overhead costs like electricity. We have more information regarding Costing Sheets. If you want visit here Costing sheets and Costing sheet Example

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