Item - Calculated Valuation Prices (ticpr2540m000)

Use this session to display the calculated valuation prices by price calculation code, item, and warehouse.

The valuation prices can be reported in an aggregated way or in a detailed way. For more information, see Cost Component Scheme in Manufacturing.

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Cost Calculation Code

A specification of how a standard cost, valuation price, or sales price is calculated. The code stores specific cost calculation data.

The price calculation code that is defined in the Standard Cost Calculation Parameters (ticpr0100m000) session determines the standard cost. Other cost calculation codes are used for simulation purposes. The price calculation code for customized items is stored by project.

Example
  • Specific operation rates
  • Subcontracting rates
  • Simulated purchase prices
  • Surcharges
Item

The raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, and sold.

An item can also represent a set of items handled as one kit, or which exist in multiple product variants.

You can also define nonphysical items, which are not retained in inventory but can be used to post costs or to invoice services to customers. The examples of nonphysical items:

  • Cost items (for example, electricity)
  • Service items
  • Subcontracting services
  • List items (menus/options)
Enterprise Unit

A financially independent part of your organization that includes entities such as departments, work centers, warehouses, and projects. The enterprise unit's entities must all belong to the same logistic company, but a logistic company can contain multiple enterprise units. An enterprise unit is linked to a single financial company.

When you carry out logistic transactions between enterprise units, the resulting financial transactions are posted to the financial companies to which each enterprise unit is linked.

Note

Only visible if Standard Cost per Enterprise Unit in the Implemented Software Components (tccom0100s000) session is selected.

Financial Company

A company that is used for posting financial data in Financials. You can link one or more enterprise units from multiple logistic companies to one financial company.

Warehouse

The warehouse to which the valuation price applies.

Currency

The currency in which the prices are expressed.

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Cost Component

A cost component is a user-defined category for the classification of costs.

Cost components have the following functions:

  • To break down an item's standard cost, sales price, or valuation price.
  • To create a comparison between the estimated production order costs and the actual production order costs.
  • To calculate production variances.
  • To view the distribution of your costs over the various cost components in the Cost Accounting module.

Cost components can be of the following cost types:

  • Operation Costs
  • Material Costs
  • Surcharge
  • General Costs
  • Not Applicable
Note

If you use Assembly Control (ASC), you cannot use cost components of the General Costs type.

Number of Units

The number of units to which the price applies in the form of either materials or hours. The units are included in the product structure or valuation price structure, and are saved under the relevant cost component during the cost/valuation price calculation.

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Receipt Amount

The valuation price of the item when received in the warehouse.

Issue Amount

The item's valuation price when leaving the warehouse. The warehouse surcharges are included in the issue amount.

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