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Product Cost Controlling: End-to-End Scenario
IC0906

Product Cost Controlling: End-to-End Scenario

In this course, we will build a realistic end-to-end costing scenario based on a real-life example. As Product Costing can’t be understood without also discussing Cost Elements/Cost Centers, we will also review the fundamentals of Controlling (CO). After this course, you will have a good understanding of how costing works and be ready to start implementing advanced costing scenarios in your own SAP system.

5  Reviews   4.0 of 5.0

Course Goal

  • Understand how Costing is integrated with SAP Financial Accounting and Production Planning
  • Understand how Product Costing works in SAP
  • Create advanced costing scenarios in the system

Audience

  • Consultants
  • Developers
  • End users
  • IT/Business analysts
  • Project Managers
  • Project team members

Exam/Certificate


Lesson Plan

2
Introduction - Elements/Terms/Scenario
3
Key Concepts in Product Cost Controlling

4
Introduction to Cost Planning
5
Master Data - Cost Elements
6
Master Data - Cost Centers
7
Master Data - Activity Types
8
Master Data - Material Master Data
9
Master Data - Bill of Materials
10
Master Data - Master Recipe
11
Master Data - Statistical Key Figures

12
Activity Independent Cost Planning
13
Activity Quantity Planning
14
Statistical Key Figure Planning
15
Distribution Cycles for Planned Costs
16
Assessment Cycles for Planned Costs
17
Cost Splitting for Planned Costs
18
Planned Activity Price Calculation
19
Costing Sheet Configuration
20
Costing Variant, Valuation Variant & Cost Component Structure
21
Costing Run

22
Introduction to Actual Costing
23
Creating a Process Order
24
Posting Goods Issue & Confirming Activities
25
Posting Goods Receipt

26
Month-End Closing - Posting Actual Costs
27
Month-End Closing - Actual SKF Values
28
Month-End Closing - Actual Distributions/Assessments
29
Month-End Closing - Actual Cost Splitting & Actual Activity Price Calc.
30
Month-End Closing - Actual Costing Sheet Overhead Calculation
31
Month-End Closing - Order Revaluation
32
Month-End Closing - Work-in-Progress & Variance Calculation
33
Month-End Closing - Settlement Posting
34
Month-End Closing - Distribution of Usage Variances

35
Summary
36
Course Handout - PDF
37
Master Data Spreadsheet

Instructor

Tim Hebb

4.1 Average Rating

7 Reviews

63 Students

2 Courses

Tim Hebb

SAP Consultant

I'm a passionate SAP consultant loving to share my knowledge and experience with students from around the world. I have been part of countless large-scale SAP implementations around the world and am currently a senior associate for a large company based out of Helsinki. In addition, I have worked as an SAP consultant for several years, spearheading several projects. My areas of expertise include FICO, MM and SD.


More Courses by Tim Hebb:

SAP Material Ledger / Actual Costing: End-to-End Scenario
SAP Material Ledger / Actual Costing: End-to-End Scenario

This course offers you a realistic costing scenario that you can start expanding and experimenting with. We will comp...

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SAP Training for Businesses

Language: English
Level: Intermediate
Duration: 3.50 hours
Type:  Instructor-led
Release: ECC 6.0
S/4 HANA
Category: SAP Financials

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