Item - Standard Cost Details (ticpr2505m000)Use this session to display details of (simulated) standard cost by cost calculation code, item, and cost component.
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
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:
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 by 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. Inventory Unit The unit of measure in which the inventory of an item is recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure conversions, especially for conversions that concern the order unit and the price unit on a purchase order or a sales order. These conversions always use the inventory unit as the base unit. An inventory unit therefore applies to all item types, also to item types that cannot be kept in stock. Currency The currency in which the prices are expressed. Cost Component A cost component is a user-defined category for the classification of costs. Cost components have the following functions:
Cost components can be of the following cost types:
Note If you use Assembly Control (ASC), you cannot use cost components of the General Costs type. Number of Units The number of units of materials or hours. The units are:
Added AmountFixed The fixed costs that are connected with the cost components of the item displayed in the session's header. If a cost component is not only applicable for the item displayed in the header, but also for some component items in the item's BOM structure, the costs connected to that cost component are expressed in the Total AmountFixed field. Note Fixed costs are always added to the standard cost of an item. If the Include Fixed Costs in Valuation Price check box in the Standard Cost Calculation Parameters (ticpr0100m000) session is selected, fixed costs are also added to the valuation price. Added AmountVariable The variable costs that are connected with the cost components of the item displayed in the session's header. If a cost component is not only used for the item displayed in the header, but also for some component items in the item's BOM structure, the costs connected to that cost component are expressed in the Total AmountVariable field. Operation rates and surcharges are variable costs if the Variable Cost check box is selected in the following sessions:
If the Variable Cost check box is cleared, the costs are considered as fixed costs. Note Fixed costs are always added to the standard cost of an item. If the Include Fixed Costs in Valuation Price check box in the Standard Cost Calculation Parameters (ticpr0100m000) session is selected, fixed costs are also added to the valuation price. Total AmountFixed The fixed costs that are connected with the cost components of the header item's parts. The fixed costs that are directly linked to the item in the session's header are displayed in the Added AmountFixed field. Note Fixed costs are always added to the standard cost of an item. If the Include Fixed Costs in Valuation Price check box in the Standard Cost Calculation Parameters (ticpr0100m000) session is selected, fixed costs are also added to the valuation price. Total AmountVariable The variable costs that are connected with the cost components of the header item's parts. The variable costs that are directly linked to the item in the session's header are displayed in the Added AmountVariable field. Operation rates and surcharges are variable costs if the Variable Cost check box is selected in the following sessions:
If the Variable Cost check box is cleared, the costs are considered as fixed costs. Note Fixed costs are always added to the standard cost of an item. If the Include Fixed Costs in Valuation Price check box in the Standard Cost Calculation Parameters (ticpr0100m000) session is selected, fixed costs are also added to the valuation price. Cost Component Type A cost component is a user-defined category for the classification of costs. Cost components have the following functions:
Cost components can be of the following cost types:
Note If you use Assembly Control (ASC), you cannot use cost components of the General Costs type.
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