This SAP CO (Controlling) tutorial explains to the users the step-by-step process to define a Costing Variant in your SAP system with relevant screenshots.
What is Costing Variant in SAP?
Costing variants in SAP is a costing sheet that determines the overhead costing. A user can use costing variants to stipulate which pricing strategy the system should use for the costing and how to determine overhead.
How to Define Costing Variant in SAP?
Please follow the steps below to define a new costing variant in the SAP CO system:
Enter t-code SPRO in the SAP Command Field and press Enter to execute it
Next, click the SAP Reference IMG button to proceed.
Now navigate to the following SAP IMG path:
Controlling > Internal Orders > Planning > Manual Planning > Define Cost Variant
Next on Change View "Costing Variant": Overview screen you will see the list of previously define costing variants.
Click on the New Entries button to define a new costing variant in your SAP system.
Now input the following details of the new Costing Variant to your requirements as shown in the image below:
Next, go to the Control tab and enter the following details:
- Costing Type
- Valuation Variant
- Date Control
Select the Date Control from the given options as shown in the image below
Now go to the Misc tab and select the Cost Elements for Unit Costing as shown in the image below.
Once all details are entered click the Save button to save the newly defined Costing Variant in your SAP system.
Now select your Customization Request id and press Enter to proceed further.
Next, the status bar displays a message Data was saved on the bottom of your screen.
You have successfully defined a new Costing Variant in your SAP system.