What is the purpose of version?
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Answer / suraj
hello all viewer
the main object of cost accounting is know the cost of the
product and for management how to control the cost these
two will be done in controlling. for controlling the cost
we must compare the data for plan and actual and there is a
variance what measure to take for that sap has a standard
version 0 for this purpose
if it is not correct please specify the correct one
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Answer / sridhar
version supports the planed and actual value in controlling.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / isoumo
Within the CO (Controlling) Module, you can configure Plan Versions. Maintaining Plan Versions allows for set-up of planning assumptions and determination of plan rates for allocation and plan activity purposes. The SAP Standard Version “000” is created for a five year fiscal year plan. It is recommended that the standard version be utilized for your plan/actual comparisons if you do not require multiple plan versions. SAP always allows the flexibility to create additional Plan versions by coping the Standard Version “000” and changing certain fields as required. There is also the option of defining and creating a totally new Plan Version.
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