Responsibility area: Maintain Costing Master Data
Table of contents
Scope
ERP
PF2 / WP2
Frequency
References
Forms
Attachments
1. Objective and Scope
1.1. Objective of this Operation
This operation describes how to create and maintain Accounting and Costing views of a material.
1.2. Scope
This procedure is applied to all companies World Wide, depending of the Valuation Classes ( more details below)
2. Definitions
See Finance - Glossary.
3. Tasks description
Creation of the material FI-CO views (Creation of Accounting and Costing views).
To do this, a ticket should be created, by the plant controller, with the Template Form that have all the specifications required to create the material.
Then we check the type of material and see the consistency of the information, to be sure that everything is correct.
When everything is checked, the transaction MM01 is used to create the material Accounting and Costing views.
3.1. I receive a request to create the accounting & costing views
I receive a Freshdesk (Mint) request from plant Controller to create Accounting and Costing views with a Template Form.
3.2. I identify the type of material in the request
3.2.1. PF2
The Valuation Classes centralized under the SPS Project and managed by SU MAC Team are:
| Z000 | Main raw materials |
| Z049 | Inter-plant raw materials |
| Z050 | Other raw materials |
| Z051 | Packaging |
| Z053 | Semi finished products |
| Z054 | Utilities |
| Z057 | Waste |
| Z061 | Semi finished products |
| Z100 | Finished goods manufactured |
| Z101 | Finished goods purchased |
3.2.2. WP2
Applicable for all Valuation Classes.
3.3. I check the consistency of data provided by the requester
3.3.1. PF2
Check if the characteristics of the material are aligned with the ones defined in the Costing Matrix Rules.
3.3.2. WP2
No standard rules are defined, however the most common valorization is: S + 2
With exception of valuation class xxxx : V +2
3.4. I create the accounting & costing views
I go to transaction MM01 and proceed with the material creation.