You can determine the actual prices for activity types and business processes at the end of the period. The actual prices are the actual costs divided by the activity and process actual quantities consumed. You manage whether revaluation at actual prices is possible in Customizing. It is based on the parameters for the fiscal year actual version and the master data of the activity type. You calculate actual prices in Cost-Center-Accounting for actual activities and Activity-Based-Costing for actual process quantities. Revaluation at actual prices is performed in the period-end closing process for the product cost collector. The cost object is credit or debit with the difference between the actual price, and the plan price originally allocated to it.
You can revaluate activities and business processes at actual prices in the following components:
- In Cost Object Controlling for all cost objects, such as product cost collectors, production and process orders, sales order items (if they are being used as cost objects), internal orders, cost object hierarchies, and general cost objects
- In Project System work breakdown structure (WBS) elements, networks, and network activities
Revaluation at Actual Prices (2)
The example in the figure shows that the planned cost center costs differ from the actual costs. The price planned is 10.00 per hour. However, only nine hours are allocated instead of the 10 hours planned in the preliminary costing. At the planned price, this results in 90.00 being allocated to the product cost collector. At the end of the period, the total activity-related cost at the cost center is determined as 117.00. At nine allocated hours, this results in a target price of 13.00 per hour, that is, 9 x 13.00 = 117.00 in total. The difference of 27.00 is charged to the product cost collector with the revaluation at actual prices function.
In this example, revaluation at actual prices is illustrated using an activity type. It also applies to business processes.