Hi All,
Before posting I did search the forum, but the queries are little different there so I decided to post this.
I have been doing Standard Costing, now I have configured ML and actual costing.
Below are the steps I have been following so far, please help me with the steps required in Actual costing
KP26
CK11N
CK24
CO01
MIGO (Raw Mat consumption)
CO11N
MIGO_GR ( FG goods recipt)
Actual expense posted to Cost centers
KSS2 splitting
KSII - actual activity price
KKS2 - variance calculation
MFN1- revaluation
CO02- TECO
KO88- Settlement.
Please advice me with what additions and eliminations are required to the above list of transactions.
My objective is to have the FG material reflect actual cost incurred including the raw material variance, quantity variance and Overhead variance.
Regards,
Stan