Responsibility Area & Process

These operations applies to all personnel in the SBS entity who are involved in the procedure of product costing and stock valuation for finished goods in ERP PF1 ( Chemicals and Plastic sector).

SU MAC  creates and executes the costing runs in material ledger with the transaction CKMLCP - Cockpit Actual Costing and  track the errors during the processing of the costing run.

In case of occurring blocking errors, the corresponding corrections should be performed by experts on the module  (SIS Costing Team, Costing Process Experts).

Costing Process Experts can provide support on the analysis.

The operations in the background of this functionality material ledger are very complex and the solution of occurring errors/problems should be performed by ‘ connoisseurs ‘ of that module, e.g. SIS

The process of product costing implies the calculation and automatic postings of different variance categories for all manufactured materials. Up to this point the materials are still valuated at standard prices.

In order to have a realistic view on stock values and profit & loss statement, the functionality of material ledger is used to re-valuate the concerned materials at a periodic-unit-price.

In ERP, this computation is done for produced materials (and a few exceptions).

The actual costing/material ledger takes into account the above mentioned variances.

At the end of this process automatic postings are done and the revaluation leads to adjustments in the stocks values on material level.

Operating procedures

Local procedures