Simulated standard costs

• Product (field ITMREF)

Enter or select the product code to inquire upon.

• Storage site (field STOFCY)

Enter or select the storage site where the selected product is active.

The Selection icon (magnifying glass) only suggests products that are referenced in the products-sites table.

• Major version (field ECCVALMAJ)

Use this field to indicate which major version of this product applies. Major versions might be used where there have been increased or significant changes to the original or previous version, that is the 'form, fit or function' has changed.

Type in, or select a version code from the list of version codes displayed. This field is not available for entry if the product code defined in the Product field is not version managed.

• Minor version (field ECCVALMIN)

Use this field to indicate which minor version of this product applies. Minor versions might be used where there have been minor features or changes in functionality, or significant fixes applied to a specific major version.

Type in, or select a version code from the list of version codes displayed. This field is not available for entry if the product code defined in the Product field is not version managed.

• Reference date (field DATREF)

Type in the date for which the costs for this product at this site, and validity period, are to be loaded.

• Validity start date (field ITCSTRDAT)

Use this field to define the start date of the validity period for this cost.

• Validity end date (field ITCENDDAT)

Use this field to define the end date of the validity period for this cost.

• Product category (field TCLCOD)

This field displays the product category to which this product is assigned. You cannot amend this field.

• Cost group (field BRDCOD)

This field displays the cost group set on the product. It can be amended.

Cost calculations are used to break down material costs. Use this field to define where (subtotal) the material cost for this product category must be posted.

The MAT - Number of material groups activity code defines how many family cost groups are available.

• Update (field CUTCSTUPD)

This field displays the method that will be applied when the cost calculations are performed.

• Calculated. The existing costs (entered or calculated) will be overwritten when the cost calculation is run.
• Entered. The cost calculation will not modify existing cost data.

• field LCKSCRN

This field displays a warning if this particular product-storage site record already has a revised / simulated standard cost assigned to it for the defined validity period. You will not be able to update the revised / simulated standard cost.

• Movement type (field OTRSTYP)

You can include overheads in the cost calculations. To include overheads for a specific stock movement type select the required movement type.

• Overhead (field OVECOD)

Select an overhead code.

Overhead codes are used as follows:

• To value selected stock movement types.
  The column that defines the formula or fixed rate to be used for the calculation is defined by the OVECOLSTK - Stock overhead column parameter (STO chapter, VAL group).
• To determine the cost price or the production cost price calculation.
  Selected functions use the overhead code for the following:
• To value work center overheads associated with the valuation dimension.
• To value overheads for materials or semi-finished products.

The overheads column that contains the formula or fixed rate to be used in the cost price calculation functions is defined by parameters. For standard cost calculations the OVECOLSTD - Standard calc overhead column parameter (GPA chapter, COS group) applies.

You can modify the column to be applied before running the calculation.

• Include lower level ovrh. (field OVECPNFLG)

Use this field to select the calculation type.

• No. The overhead calculation for the manufactured product does not take into account the overhead amount for the lower-level products.
• Yes. The overhead calculation for the manufactured product takes into account the overhead amount for the lower-level products.

 Lower-level products are products that are not finished products, in other words, the semi-finished products and the raw materials.

• Component (field MATTOTLEV)

Use this field to enter the current stock value for this product.

• field CUR

Code of the currency in which the customer costs are expressed.

• Material (field MATLEV0)

Use this field to enter the current stock value for the components directly associated with the top level of the bill of materials (BOM).

• Machine (field MACTOTLEV)

Use this field to enter the machine cost for this product-site combination.

• Labor (field LABTOTLEV)

Use this field to enter the labor cost for this product-site combination.

• Subcontract (field SCOTOTLEV)

Use this field to enter the subcontracted cost for this product-site combination.

• Overhead (field OVETOTLEV)

Use this field to enter the overhead costs for this product-site combination.

• Total cost (field VLTTOT)

This field displays the total costs for this product-site combination.

• Calculation quantity (field CLCQTY)

Use this field to define the quantity for the basis of the calculations.

• field STU

This field displays the unit of the calculation quantity.

• Detail (field DETCST)

Click this Search icon to view the material, machine, labor and overheads cost breakdown.

• Description (field LBL)

This field displays the description of the calculated cost.

• Level cost (field CST)

This field displays the result of the calculated cost.

• Material (field MATTOT)

This field displays the total stock value of the components in this product design BOM revision. You can amend this figure as required.

• field CUR

Code of the currency in which the customer costs are expressed.

• Machine (field MACTOT)

This field displays the total machine cost of the components in this product design BOM revision. You can modify this figure as required.

• Labor (field LABTOT)

This field displays the total labor cost of the components in this product design BOM revision. You can modify this figure as required.

• Subcontract (field SCOTOT)

This field displays the subcontract service cost. The price used to value the service is specified by the VLTSCEOEXT - Service value price/planned PC parameter (ACH chapter, COS group).

• Overhead (field OVETOT)

This field displays the total overhead costs of the components in this product design BOM revision. You can modify this figure as required.

• Total cost (field VLTTOT)

This field displays the total value of stock in hand for this product-site combination in the complete bill of materials (BOM).

• Calculation quantity (field CLCQTY)

This field displays the quantity included in the calculations. The default quantity is the Economic order quantity (field EOQ (REOMINQTY)) defined on the product-site record or the Technical lot (field MFGLOTQTY) defined on the product-site record, or 1.

• field STU

This field displays the unit of the calculation quantity.

• Detail (field DETCST)

Click this Search icon to view the material, machine, labor and overheads cost breakdown.

• Date calculated (field LBL)

This field displays the description of the calculated cost.

• Multilevel totals (field CST)

This field displays the result of the calculated cost.

• Routing code (field ROUALT)

Multiple routings can be defined for a single product. Each routing code can be assigned specific management features. These include restriction of the routing to a specific site and to specific areas of functionality (for use in a manufacturing environment, for costing or for capacity planning). This field defines the route used for the calculation of the components, machines, resources, workforce and subcontractors.

From this routing code, the program searched for the first valid alternative bill of materials (BOM) for the defined site. If this field is blank, only a material calculation was made (valuation and calculation of material overheads).

• BOM code (field BOMALT)

Multiple bills of materials (BOMs) can be defined for a single product. Each BOM code can be assigned specific management features. For manufactured or subcontracted products this includes restriction of the BOM to a specific site and to specific areas of functionality (for costing or for capacity planning).

• BOM type (field BOMALTTYP)

This field displays Manufacturing if you manufacture this bill of materials (BOM); if it is procured from a subcontractor, it displays Subcontracting.

• Material cost (field SLTMATCST)

This field defines the type of cost used to value materials. The possible values are:

• Standard cost
• Revised standard cost
• Budget cost
• Simulated cost
• Last cost. This value corresponds to the cost of the last recorded movement.
• Average cost
• Last purchase price. This value corresponds to the last receipt price or last invoice.
• List price. The material is valued from a price list of the type priority supplier/product.

 The selection of the cost type only applies to the cost calculation of a material (component without a valid BOM for the alternative). The cost of a product with a BOM is calculated based on the cost of its components. The cost of materials from a subcontractor always comes from a price list. If the price list is not found, the standard cost can be used if the PURPRICE - Standard cost default price list parameter (ACH chapter, PRI group) is set to Yes. 

• Dimension rate (field VLTCCERAT)

This field displays the dimension rate used to value time.

• Fixed costs distribution (field FXDCSTDSP)

This field defines how the fixed overhead costs (material loss, setup rate, operation loss rate, fixed rate) were distributed.

• Prorata. The fixed costs were multiplied by the Calculated product quantity/Economic lot quantity combination.
• Total. The total fixed cost were posted.
  
  

• Overhead column (field SLTOVECOL)

This field defines how overheads were valued.

The value of an overhead was calculated by applying the fixed rate or the formula in the chosen calculation column.

• Multilevel (field DESCEND)

This field is only active for a single product calculation.

• If set to Yes, the cost calculation process descended through the bill of materials (BOM) to the lowest level, or up to a parent product whose "Standard cost update" in their product-site record is entered. The cost calculation therefore starts from the lower-level components. The standard cost of each component at each level was calculated and stored, and the report detailed.
   
• If set to No, the calculation was performed at the first level, from the standard costs of the components of the calculated products. This also applies if the calculation is launched for multiple products.

 By definition, a material does not have to be a component. The Material cost selection field is used to determine how its cost is calculated when defined as Calculated and not Entered.

• Recalculate (field CLCSTD)

Click this Recalculate icon to recalculate the standard cost for this product-site combination.