Hi Experts,
My client want to run a parallel cost estimate with Budgeted values for each type of cost in a similar process like standard cost estimate(currently only Std business run only the std. cost estimate). Below will be provided to run the said cost estimate.
1. Budgeted Cost for cost elements against each cost center
2. Re-posting/distribution will be required run to allocate and apportion the cost from service cost centers to Production cost centers
3. All Planned(future) Material Cost will be provided. (note that the valuation strategy of costing variant of standard cost estimate has below sequence
4. Budgeted activity quantities will be provided. (Cost and activity qty for Kp06 and Kp26)
Based on the above data business need to run a cost estimate with budgeted values parallel to the standard cost estimate(based on planned values), which will be compared with actual then Budget at each months.
Simply an alternative cost estimate with budgeted values for a given period for all materials.
Kindly advice the possibility of such a cost estimate in the system and if possible pls. mentioned the configuration steps for the same.
Thanks in advance.
Aziz