SAP CO Product Costing-Mixed Costing Process in S/4 HANA

🎓 Product Costing-Mixed Costing with Split Valuation (RM/SFG/FG) Materials in S4 HANA 1909

🚀 Course Headline: Unlock the secrets of Product Costing with Mixed Costing Processes in SAP S/4HANA! Join our expert, Karanam Sreedharc, for a live-explained journey through the intricacies of RM/SFG/FG materials in S4 HANA 1909.

📘 Course Description:

Introduction to Mixed Costing: Mixed costing is a sophisticated method within SAP that allows for valuing materials using multiple alternative accounting methods. This course delves into the complexities and benefits of mixed costing, particularly in scenarios where raw materials or semi-finished goods are sourced from various vendors or produced through different manufacturing processes. Understanding this ensures an accurate representation of costs and is crucial for businesses to make informed financial decisions.

Raw/Pack Materials:

• Purchasing Without Split Valuation: We'll explore how SAP simplifies valuations by averaging prices from multiple vendors, although this method may not always provide the most precise cost representation.
• Purchasing With Split Valuation (MM Point of View): Dive into the world of split valuation where different stock quantities can be managed separately based on various criteria like vendor and region, ensuring accurate tracking of costs.

Semi Finished Materials: Discover how mixed costing with split valuation is applied to semi-finished goods that may be either purchased or manufactured. We'll cover the tracking of variances in costs, which is essential for providing an accurate picture of the product's true production or procurement cost.

Finished Materials: Examine mixed costing with split valuation as it applies to finished goods produced on different lines or plants, and how SAP captures the differences in manufacturing costs.

Creating Split Valuation: Learn how to set up split valuation in SAP by defining valuation categories and types, linking them to valuation classes for granular control over financial postings.

Separate GL Accounts for Each Valuation Type: Understand the importance of having separate GL accounts for each valuation type to ensure financial transparency and accurate tracking of different stocks of the same material.

OBYC Settings (FI-MM Integration): Get hands-on with the OBYC settings that ensure automatic account determination during material movements, aligning with the correct GL accounts based on transaction type and valuation class.

Cost Component Structure for Split Valuation: Break down the cost of a product into its individual components to gain detailed insight into cost makeup, further differentiated by valuation types.

Master Data for Mixed Cost Estimate - CK91N: Learn how to define procurement alternatives and mixed costing methods for materials, essential for accurate mixed costing estimations.

Mixing Ratios - CK94: Define the proportions of different procurement types or methods that will be used in the mixed costing process. This is a critical step to ensure accurate cost estimates.

Complete Product Costing Flow with Mixed Costing:

• Material Creation with Mixed Costing: Start by creating materials with relevant procurement alternatives and mixing ratios.
• Production Planning: Plan your production, considering the different procurement methods and their associated costs.
• Production Execution: Capture the actual production costs, accounting for split valuation.
• Production Order Settlement: Finally, settle the accumulated costs on the production order to the relevant cost objects like material ledgers or cost centers.

📚 What You'll Learn: This comprehensive course is designed to take you through every step of the mixed costing process in SAP S/4HANA, ensuring you have a deep understanding of product costing. With practical examples and interactive learning, you'll be equipped to implement these processes effectively in your business operations.

📅 Course Schedule: Our course is structured over multiple sessions, allowing for a thorough exploration of each topic with ample opportunity for Q&A and hands-on practice.

🎯 Target Audience: This course is ideal for finance professionals, supply chain managers, SAP consultants, and anyone involved in the financial planning and cost management processes within their organization.

Don't miss out on mastering mixed costing with split valuation in SAP S/4HANA! 🌟 Enroll now and elevate your expertise to the next level!