SAP Material Ledger - Actual Costing Run (CKMLCP) - SAP FICO Manufacturing Project
How SAP Calculates Actual Material Cost using CKMLCP – Actual Costing Run in Material Ledger. This is the final step of production month-end closing in manufacturing companies and converts production variance into actual material price.
Timestamps:
0:35 – What is CKMLCP
2:44 – Actual Costing Run process
5:15 – Impact on Material Ledger
8:01 – Closing Activities
8:53 – Mark Prices in Closing Activities
10:30 – Recap of Project Videos
In this video, you will understand:
✔ How CKMLCP works in SAP
✔ How production variance is absorbed into material cost
✔ How Material Ledger calculates actual price
✔ Impact on inventory and consumption
✔ Why CKMLCP is mandatory for actual costing
✔ Relation between production variance and material ledger
This video is useful for:
SAP FICO consultants
SAP CO consultants
SAP PP consultants
Manufacturing finance professionals
Costing and controlling users
Candidates preparing for SAP interviews
In the previous video, I explained production month-end closing activities such as activity price revaluation, overhead calculation, and variance settlement.
In this video, we complete the costing cycle with Actual Costing Run (CKMLCP).
Subscribe to the channel for real SAP project-based explanations on manufacturing costing and month-end closing.
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