Product Cost by Order in SAP S4 Hana Controlling

🎓 Unlock the Secrets of Product Costing in SAP S/4HANA Controlling!

Course Overview:

Welcome to our comprehensive course on "Product Cost by Order in SAP S/4HANA Controlling", where you will gain a deep understanding of the intricacies of product costing within one of the most powerful ERP systems available today. This course is designed for finance and control professionals, supply chain analysts, and anyone interested in mastering the SAP S/4HANA system for accurate product costing.

Course Objectives:

• Understand Product Costing: Learn how to calculate material, activity (direct overhead), and indirect overhead costs associated with goods manufacturing.
• Master the Three Phases of Product Costing: Gain expertise in planning (standard cost estimation), cost object controlling, and the actual costing in the Material Ledger.
• Explore Cost Estimation Techniques: Explore different types of cost estimations including Base Planning Object (BPO), cost estimates without a quantity structure, and those with a quantity structure (BOM & Routing/Master Recipe).

Product Costing in Depth:

• Standard Cost Estimation (Planning):

  • Costing Variant: Customize the process for estimating material costs, considering costing types like standard or quotation costs, valuation variants, date control, quantity structure control, and transfer control.
  • Valuation Variant: Define how costs will be calculated, including material valuation, activity types/processes, subcontracting, external processing, overhead, and the critical costing sheet.
  • Date Control: Set the validity of dates for accurate planning.
  • Quantity Structure Control: Apply BOMs and routings to your costing, selecting the appropriate IDs for your manufacturing process.
  • Transfer Control: Determine whether costs will be transferred across plants.

• Cost Object Controlling:

  • Assign costing variants for both plan and actual costs.
  • Understand the use of Result Analysis Keys (WIP) and Variance Keys.
  • Learn about the settlement process, reconciling costs with actual figures.

• Product Costing Scenarios:

  • By Order: Navigate through production orders, process orders, and CO orders.
  • By Period: Perform costing based on sales orders or retrospective period costs.

• Costing Sheet & Cost Component Structure:

  • Utilize the costing sheet to allocate overheads from cost centers to product costs.
  • Examine the detailed breakup of costs, understanding how material costs, activity costs, and indirect overhead costs are computed within the Cost Component Structure.

Course Highlights:

• Real-World Applications: Learn by doing, with practical examples and case studies.
• Expert Instruction: Benefit from Muhammad Hassan Askaricourse instructor's extensive experience in SAP S/4HANA controlling.
• End-to-End Business Process Coverage: From planning to actual costing, understand the full lifecycle of product costs within SAP S/4HANA.
• Interactive Learning: Engage with interactive modules and real-world scenarios to solidify your understanding of each concept.

By completing this course, you will be equipped with the knowledge to accurately calculate product costs in SAP S/4HANA, ensuring that your organization's financial reporting is both accurate and insightful. Join us on this journey to master Product Costing by Order in SAP S/4HANA Controlling! 🌟