term model costing help what is
Meaning of costing model. What is it: models are used to design planning procedures that are.

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Definition costing model

COSTING MODEL title: costing model (CO-PC) (SAP Library - Glossary)
COSTING MODEL category: Product Cost Controlling (CO-PC)
COSTING MODEL explained:

A planning tool for simplified cost planning.

Costing models are used to design planning procedures that are performed frequently in similar ways. The factors that drive costs (the characteristics) are converted into a unit cost estimate by deriving the costing items from the characteristics. The characteristics are defined by the planner in the costing model. Characteristics values can be predefined. For each characteristic, rules are defined that determine how data is assigned in the SAP System.

Example

Characteristics: Number of employees, mode of travel, equipment needed

Values: 4, car (predefined), laptop PC (predefined)

More terms such as costing model in Dictionary C.

Manual Capitalization Structure:
Help you specify the percentage rates for the portions of costs that are not to be capitalized. You can specify these percentage rates per cost element (group) and activity type (group). You define the costing model definition.
Manual Conditions Manager:
Help access used by the contract administrator to create, activate, maintain, and archive conditions. Conditions cannot be assigned to individual contracts; they apply to all contracts system- wide. The costing model explain.
Manual Credit Management:
Help A key functional area of mySAP CRM that provides credit check with use of information about payment history and credit risk analysis costing model what is.
Manual Current Value Of Funds Rate:
Help to be used for comparison with the discount rate offered by a vendor, to determine whether or not it is worthwhile taking the vendor discount. The rate is set annually by the U.S. Treasury and is costing model meaning.
Manual Clearing Criteria:
Help occur during the lifecycle of an opportunity. Clearing criteria occur prior to the occurence of closing criteria. When creating rule profiles, the DA/DB administrator defines which clearing criteria costing model abbreviation.
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