SAP PS MASTER DATA is the Project structure

Project Defination
WBS
Network Activities

Proj.Defi do not contain any planning costs or actual costs

it is like mission statement

Proj defi links to ORG.

org data links the project to a Controlling AREA then to Cocd then Bus.area , prctr and plant

projects can be created in two ways

1) Copy from pre-existing project
2)Develop from scratch

WBS it is primarly a reporting structure

Work packages
Cost Planning and Budgeting planned at WBS level
Adds all network costs at WBS level.
WBS 430
N1 120
N2 150
N3 160

The Current budet = orginal budget+Supplliments-Returns

PS distingushes btw the currnet budget and budget releases

Cross Application Time Sheet

Process: MRP Run-> Planned Order-> Production Order-> Confirmation
After MRP run Planned Order is created and costed automatically.
The Production Order is created based on the Planned Order.
The Planned Cost from the Planned Order is copied to the Production Or
There are 3 types of cost at the Production order level,
(1) Planned cost- Standard Cost (of Input) for Planned Output Qty.
(2) Target Cost- Standard Cost (of Input) for Actual Output Qty.
(3) Actual Cost- Actual Cost (of Input) for Actual Output Qty.
Planned Cost is copied from the planned order.
Target Cost is calculated after the Production Order is confirmed
(because then only the actual output quantity will be known).
Target Cost= (Planned Cost* Actual Output Qty/ Planned Output Qty)
Actual Cost is the
Material-> Cost of the actual qty of material issued to the Production Or
Activity Cost-> Actual Activity Time (booked during Production confirm
Overhead-> Oh Rate * [Material Cost (as above) + Activity Cost (as abo

Variance calculation
The difference between the Target Cost and the Actual Cost booked in the Pr
There are Input variances and Output variances.
The variances are posted to the GL a/c (FI and CO documents are generated). T
Entry: [FI entry]
COGM.DR/CR
Price Difference FG.Cr/Dr
[NB. If Actual Cost> Target Cost, COGM will be Cr and Price difference will be D
Settlement
Settlement is the process of posting the WIP and variance entries in the financia
The amounts to be posted are calculated in the abovementioned two processes

ACTUAL COST - GOODS RECEIPT = WIP

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Thursday 21-12-201 secretarial audit
Friday 22-12-201 Corporate

Satday 23-12-201 ITSM

wends 27-12-201 Ethics