in the actual costing run? In tra nsaction code OBYC select tra nsaction key LKW and maintain the balance sheet account for accrual. What are the steps to be taken before you ex ecute an actual c osting run? The following are the steps to be taken: 1.) Execute a ll the a llocation cycles in the cost center accounting module. 2.) Execute actual activity price calculation. 3.) Revalue all the production orders with the actual activity prices. The under or over absorbed cost on cost centers are passed on to the production order through this step of revaluat ion of production orders. 4.) Calculate overhea ds, do a variance calculation and finally settle the production order. 5.) Finally execute the actual costing run. What happens in an actual costing run? In actual costing run there is a process of single level price determination and multi level price determination. The production price difference variances are collected on the materia l ledger for ea ch of the finished goods and semi finished goods. During single level price det ermination the price difference collected on a single finished product is allocated t o consumption. This allocation to the consumption is not individually allocated to the good issues. In multi leve l price determination the price difference is allocated to individual goods issue. The price differences are passed on to the next level of consumption. The system calculates a weighted average price for the finished goods and semi finished goods. This weighted ave rage price i s called as the periodic unit price What happens when the revaluation is done in actual costing run for the previous period? When revaluation is performed in actual costing for the previous period the price control in the material master is changed from S to V and the periodic price is updated as the valuat ion price for the previous period. What is the importance of the price determination indicator in the material master for the purpose of ac tual costing run? There are 2 price determination indicators in the material master when material ledger is activated. They are as follows:2 – transaction based 3 – Single level / multi level In case of material masters having price dete rmination indicator 2 no actual costing will take place. I n case of material masters having price determination indicator 3 actual costing will take place. What should be the price control for a material master which ha s a price determination indicator 3 where material ledger is activated? In such a case only price control S is possible where the price determination 3 is activated in material master.
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SAP and Finance: SAP FICO INTERVIEW QUESTIONS -Material Ledger
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SAP and Finance: SAP FICO INTERVIEW QUESTIONS -Material Ledger
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