SAP CO Product Costing-"By Period Scenario" in S/4 HANA

🎓 Master SAP CO Product Costing in Repetitive Manufacturing: By Period Scenario on S/4HANA

Are you looking to gain a comprehensive understanding of Product Costing within SAP S/4HANA's Repetitive Manufacturing process? Our online course, led by the seasoned expert Karanam Sreedharc, is meticulously crafted to guide you through the intricate details of cost collection and reporting in a SAP CO environment.

Course Headline: 🏗️ Product Cost Collector without/with Reporting Points & De-Coupling (Mix of PCC & Order) Scenarios in Repetitive Manufacturing

Course Description:

The topic of Product Costing, especially in the realm of Repetitive Manufacturing in SAP S/4HANA , is extensive. Let's delve into these points:

Understanding the Basics:

• 🔹 Difference between Discrete and Repetitive Manufacturing Process
  • Discrete Manufacturing focuses on order-specific products, typically produced in batches with individual production orders.
  • Repetitive Manufacturing involves continuous production of consistent materials over extended periods, without the need for separate production orders. Here, a Product Cost Collector (PCC) plays a pivotal role.

Identifying Materials and the Role of PCC:

• 🔹 Identifying Materials for Repetitive Manufacturing
  • Suitable materials are those with a consistent production process, produced continually and indicated as such in the material master.

Purpose and Creation of Product Cost Collector:

• 🔹 Purpose of Product Cost Collector in Repetitive Manufacturing
  • The PCC simplifies the cost capture process by collecting costs for a product over a period, without the need for individual production orders.
• 🔹 Creating Product Cost Collector in Repetitive Manufacturing
  • Initiate the PCC creation via transaction KKF6N, ensuring the material master is configured for repetitive manufacturing and a production version is available.

Cost Collection/Capture to Product Cost Collector:

• 🔹 Cost Collection/Capture to Product Cost Collector
  • Directly post labor costs, material costs, and overheads to the PCC, avoiding the need for individual production order assignment.

Understanding Reporting Points:

• 🔹 Explanation of Reporting Points
  • Reporting points in repetitive manufacturing allow for the capture of production quantities and values at specific intervals in the production process, enabling more accurate cost and quantity tracking.

**"Work in Process" (WIP) Concept:

• 🔹 Concept between Discrete and Repetitive Manufacturing Process
  • In Discrete Manufacturing, WIP is based on the status of each production order at period-end, whereas in Repetitive Manufacturing, WIP is calculated using reporting points for more precise determination of costs and quantities.

Decoupling Scenario:

• 🔹 Decoupling Scenario: Mix of Product Cost Collector and Production Order
  • A hybrid approach where primary costs are collected on a PCC, while specific orders handle special processes or components.

Linking between Product Cost Collector and Production Order:

• 🔹 Linking between Product Cost Collector and Production Order
  • Even in scenarios using PCCs, there may be instances where linking to a production order is necessary for accuracy in cost roll-up.

Indirect Cost Capture to Product Cost Collector:

• 🔹 Indirect Cost Capture to Product Cost Collector
  • Directly post indirect costs to the PCC or indirectly via activities, processes, or orders, ensuring all relevant costs are settled to the PCC.

Designing Costing Variant, Costing Sheet, Template Allocation:

• 🔹 Designing Costing Variant, Costing Sheet, Template Allocation for Product Cost Collector
  • Set up parameters for cost estimates in a costing variant, define costing sheets and templates to ensure accurate allocation of costs.

Month-End Settlement of Product Cost Collector:

• 🔹 Month-End Settlement of Product Cost Collector
  • At month-end, settle all costs on the PCC to a final cost object, typically a material ledger, completing the period's accounting cycle.

Why Take This Course?

This course is designed for professionals who want to:

• Gain a deep understanding of SAP CO Product Costing in Repetitive Manufacturing.
• Learn how to work with PCCs and reporting points effectively.
• Master the monthly settlement process in S/4HANA.
• Understand the interplay between direct and indirect costs in SAP CO.
• Prepare for real-world scenarios that test your knowledge of SAP CO operations within a manufacturing context.

Your Expert Instructor:

Karanam Sreedharc is a highly experienced professional with extensive knowledge of SAP CO modules, particularly in the areas of Cost Accounting and Controlling. His expertise will guide you through complex topics and ensure you understand the practical application of these concepts within a SAP environment.

Enroll Now to Secure Your Spot!

Take the first step towards mastering SAP CO Product Costing in Repetitive Manufacturing with our comprehensive online course. Whether you're new to SAP CO or looking to deepen your understanding, this course will provide you with the skills and knowledge necessary for success in your career. 🚀💡

Join us and transform your expertise in SAP CO Product Costing! 🎉